Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s stock price traded up 15.2% on Friday . The stock traded as high as C$1.09 and last traded at C$1.06. 118,450 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 75,991 shares. The stock had previously closed at C$0.92.
Banxa Stock Up 13.2%
The firm’s 50 day moving average price is C$0.82 and its two-hundred day moving average price is C$0.88. The company has a market cap of C$62.33 million, a P/E ratio of -28.50 and a beta of 2.75. The company has a debt-to-equity ratio of -209.35, a quick ratio of 2.36 and a current ratio of 0.81.
Banxa Company Profile
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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