Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s share price was up 27.6% during mid-day trading on Tuesday . The company traded as high as C$1.57 and last traded at C$1.57. Approximately 416,544 shares were traded during mid-day trading, an increase of 132% from the average daily volume of 179,367 shares. The stock had previously closed at C$1.23.
Banxa Stock Up 29.3 %
The business’s 50 day moving average is C$0.94 and its 200-day moving average is C$0.66. 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 company has a market cap of C$72.44 million, a PE ratio of -7.95 and a beta of 2.75.
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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