Banxa Holdings Inc. (CVE:BNXA - Get Free Report)'s stock price rose 22.6% on Friday . The stock traded as high as C$1.41 and last traded at C$1.30. Approximately 458,200 shares changed hands during trading, an increase of 480% from the average daily volume of 78,951 shares. The stock had previously closed at C$1.06.
Banxa Price Performance
The stock has a market cap of C$66.49 million, a price-to-earnings ratio of -30.40 and a beta of 2.75. The company has a 50-day simple moving average of C$0.82 and a two-hundred day simple moving average of C$0.88. The company has a debt-to-equity ratio of -209.35, a quick ratio of 2.36 and a current ratio of 0.81.
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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