Banxa Holdings Inc. (CVE:BNXA - Get Free Report) shot up 13.2% on Saturday . The company traded as high as C$1.41 and last traded at C$1.20. 598,118 shares changed hands during mid-day trading, an increase of 645% from the average session volume of 80,271 shares. The stock had previously closed at C$1.06.
Banxa Trading Up 6.7%
The company has a debt-to-equity ratio of -209.35, a current ratio of 0.81 and a quick ratio of 2.36. The company has a market capitalization of C$66.49 million, a P/E ratio of -30.40 and a beta of 2.75. The firm has a fifty day moving average price of C$0.83 and a 200-day moving average price of C$0.88.
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.
Recommended Stories
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
