Banxa Holdings Inc. (CVE:BNXA - Get Free Report) rose 13.2% on Saturday . The stock traded as high as C$1.41 and last traded at C$1.20. Approximately 598,118 shares were traded during trading, an increase of 645% from the average daily volume of 80,271 shares. The stock had previously closed at C$1.06.
Banxa Stock Performance
The stock has a fifty day simple moving average of C$0.83 and a two-hundred day simple moving average of C$0.88. 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 debt-to-equity ratio of -209.35, a quick ratio of 2.36 and a current ratio of 0.81.
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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