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
(
Get Free Report)
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.
See Also
Before you consider Banxa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banxa wasn't on the list.
While Banxa currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
