Banxa Holdings Inc. (CVE:BNXA - Get Free Report) shares shot up 15.2% during trading on Friday . The stock traded as high as C$1.09 and last traded at C$1.06. 118,450 shares changed hands during trading, an increase of 56% from the average session volume of 75,991 shares. The stock had previously closed at C$0.92.
Banxa Trading Up 22.6%
The company has a debt-to-equity ratio of -209.35, a current ratio of 0.81 and a quick ratio of 2.36. The stock has a market cap of C$67.53 million, a PE ratio of -30.87 and a beta of 2.75. The stock has a 50-day moving average price of C$0.81 and a two-hundred day moving average price of C$0.87.
About Banxa
(
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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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