Shares of Banxa Holdings Inc. (CVE:BNXA - Get Free Report) rose 23.6% on Friday . The stock traded as high as C$1.41 and last traded at C$1.31. Approximately 353,340 shares changed hands during mid-day trading, an increase of 352% from the average daily volume of 78,187 shares. The stock had previously closed at C$1.06.
Banxa Stock Up 13.2%
The company has a current ratio of 0.81, a quick ratio of 2.36 and a debt-to-equity ratio of -209.35. The stock has a market capitalization of C$62.33 million, a P/E ratio of -28.50 and a beta of 2.75. The stock's 50 day simple moving average is C$0.82 and its 200 day simple moving average is C$0.88.
Banxa Company Profile
(
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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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