Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares traded down 36.4% during mid-day trading on Thursday . The stock traded as low as C$0.74 and last traded at C$0.75. 171,042 shares changed hands during trading, an increase of 458% from the average session volume of 30,675 shares. The stock had previously closed at C$1.18.
Banxa Stock Up 25.3 %
The stock has a market capitalization of C$42.83 million, a PE ratio of -4.70 and a beta of 2.75. The company has a current ratio of 0.96, a quick ratio of 2.36 and a debt-to-equity ratio of 194.64. The company’s 50-day moving average is C$0.74 and its 200 day moving average is C$0.56.
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.
Featured Stories
- Five stocks we like better than Banxa
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- How to Calculate Options Profits
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- Quiet Period Expirations Explained
- 2 Underrated Quantum Computing Companies Starting to Rally
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.