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
(
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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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