Banxa Holdings Inc. (CVE:BNXA - Get Free Report)'s stock price rose 28.3% on Friday . The company traded as high as C$1.41 and last traded at C$1.36. Approximately 416,900 shares were traded during trading, an increase of 430% from the average daily volume of 78,612 shares. The stock had previously closed at C$1.06.
Banxa Price Performance
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 business's 50-day simple moving average is C$0.82 and its two-hundred day simple moving average is C$0.88. The firm has a market cap of C$66.49 million, a price-to-earnings ratio of -30.40 and a beta of 2.75.
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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