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Galaxy Digital (TSE:GLXY) Reaches New 52-Week High - Here's What Happened

Galaxy Digital logo with Financial Services background

Key Points

  • Galaxy Digital's stock reached a new 52-week high, trading at C$49.66, with a last traded price of C$48.15.
  • The company has a market cap of C$8.19 billion and currently operates in various sectors including trading, investment, and asset management.
  • Galaxy Digital's stock saw an increase of 5.5% and has a beta of 2.05, indicating higher volatility compared to the market.
  • Five stocks we like better than Galaxy Digital.

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as C$49.66 and last traded at C$48.15, with a volume of 1291560 shares. The stock had previously closed at C$45.84.

Galaxy Digital Trading Up 5.5%

The stock has a market cap of C$8.19 billion, a P/E ratio of -56.24 and a beta of 2.05. The firm has a 50-day simple moving average of C$37.88 and a two-hundred day simple moving average of C$28.35.

About Galaxy Digital

(Get Free Report)

Galaxy Digital is a is a diversified financial services and investment management company dedicated to the digital assets and blockchain technology industry. The company operates through five business lines: Trading, Principal investing, Asset management, mining and Investment Banking.

Further Reading

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