Currency Exchange International (TSE:CXI) Trading Up 0.9% - Here's What Happened

Key Points

• Currency Exchange International (TSE:CXI) stock increased by 0.9% during mid-day trading, reaching a price of C$22.63.
• Trading volume was significantly lower, with approximately 600 shares changing hands, which is a 90% decline from its average daily volume.
• The company operates primarily in the U.S. and Canada, providing services such as currency exchange and wire transfers, while generating revenue mainly through Commission and Fee income.

Currency Exchange International, Corp. (TSE:CXI - )'s share price rose 0.9% during mid-day trading on Tuesday . The company traded as high as C$22.65 and last traded at C$22.63. Approximately 600 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 5,747 shares. The stock had previously closed at C$22.42.

Currency Exchange International Stock Performance

The firm's 50 day moving average is C$20.24 and its 200 day moving average is C$20.50. The company has a debt-to-equity ratio of 14.28, a quick ratio of 1.62 and a current ratio of 2.65. The stock has a market cap of C$142.68 million, a P/E ratio of 37.10 and a beta of 0.13.

About Currency Exchange International

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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