Currency Exchange International (TSE:CXI) Trading 0.5% Higher - Should You Buy?

Key Points

• Currency Exchange International, Corp. (TSE:CXI) shares rose 0.5% to C$20.16, with a trading volume that decreased by 68% compared to average sessions.
• The company's market capitalization stands at C$89.92 million, with a price-to-earnings ratio of 36.18 and a relatively low debt-to-equity ratio of 14.28.
• Currency Exchange International primarily operates in the money service business, providing services such as currency exchange, wire transfer, and cheque cashing, predominantly earning revenue in the United States.

Currency Exchange International, Corp. (TSE:CXI - ) shares traded up 0.5% during trading on Tuesday . The company traded as high as C$20.50 and last traded at C$20.16. 1,801 shares changed hands during trading, a decline of 68% from the average session volume of 5,575 shares. The stock had previously closed at C$20.05.

Currency Exchange International Price Performance

The stock's 50-day moving average price is C$19.94 and its 200 day moving average price is C$20.58. The firm has a market cap of C$89.92 million, a price-to-earnings ratio of 36.18 and a beta of 0.76. The company has a quick ratio of 1.62, a current ratio of 2.65 and a debt-to-equity ratio of 14.28.

Currency Exchange International Company Profile

Currency Exchange International Corp operates as a money service business and provides currency exchange, wire transfer, and cheque cashing services at its locations in the United States and Canada. The company earns maximum revenue from the United States of America. The company earns revenue in the form of Commission and Fee income.

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