Banxa Holdings Inc. (CVE:BNXA - Get Free Report) shares rose 13.2% on Saturday . The company traded as high as C$1.41 and last traded at C$1.20. Approximately 598,118 shares changed hands 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's fifty day moving average is C$0.82 and its two-hundred day moving average is C$0.88. The firm has a market capitalization of C$62.33 million, a price-to-earnings ratio of -28.50 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.
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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