Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares shot up 25.3% during mid-day trading on Saturday . The company traded as high as C$0.95 and last traded at C$0.94. 469,852 shares changed hands during mid-day trading, an increase of 1,346% from the average session volume of 32,490 shares. The stock had previously closed at C$0.75.
Banxa Stock Up 25.3 %
The stock has a market capitalization of C$42.83 million, a P/E ratio of -4.70 and a beta of 2.75. The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36. The firm has a 50-day simple moving average of C$0.74 and a 200 day simple moving average of C$0.56.
About Banxa
Banxa Holdings Inc operates as a payments service provider for the cryptocurrency exchanges in Australia, North America, and Europe. It provides Web3 on-and-off ramp solutions that allows users to purchase cryptocurrency and NFT’s using fiat currency. The company’s platform also provides connections to approximately 40 blockchain ecosystems allowing businesses and projects to list new tokens on existing blockchains or explore opportunities to list on new blockchains.
Featured Stories
- Five stocks we like better than Banxa
- How is Compound Interest Calculated?
- Oil Titans Face Off: Exxon Mobil or Chevron for 2025 Gains?
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Mining Stocks Back in the Spotlight: 3 Key Names to Watch
- Comparing and Trading High PE Ratio Stocks
- MarketBeat Week in Review – 12/16 – 12/20
Receive News & Ratings for Banxa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banxa and related companies with MarketBeat.com's FREE daily email newsletter.
