Banxa Holdings Inc. (CVE:BNXA - Get Free Report)'s share price traded up 22.6% during trading on Friday . The stock traded as high as C$1.41 and last traded at C$1.30. 306,990 shares were traded during mid-day trading, an increase of 299% from the average session volume of 76,886 shares. The stock had previously closed at C$1.06.
Banxa Stock Performance
The firm has a fifty day simple moving average of C$0.81 and a 200 day simple moving average of C$0.87. 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 stock has a market cap of C$68.05 million, a price-to-earnings ratio of -31.11 and a beta of 2.75.
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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