Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s stock price was up 30.1% during trading on Tuesday . The company traded as high as C$1.61 and last traded at C$1.60. Approximately 622,219 shares changed hands during mid-day trading, an increase of 226% from the average daily volume of 190,581 shares. The stock had previously closed at C$1.23.
Banxa Trading Up 30.1 %
The company has a 50 day moving average price of C$0.96 and a 200 day moving average price of C$0.67. The company has a debt-to-equity ratio of 194.64, a quick ratio of 2.36 and a current ratio of 0.96. The firm has a market cap of C$72.90 million, a price-to-earnings ratio of -8.00 and a beta of 2.75.
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.
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