Free Trial

Galaxy Digital (TSE:GLXY) Trading Down 5.6% - Time to Sell?

Galaxy Digital logo with Financial Services background

Key Points

  • Galaxy Digital Holdings Ltd. shares fell by 5.6%, trading as low as C$35.90 and closing at C$37.08 on Friday.
  • The company's market capitalization stands at C$8.73 billion, with a P/E ratio of 3.06 and a beta of 3.17.
  • Galaxy Digital is involved in the digital assets and blockchain technology sector, operating across five business lines, including trading and investment management.
  • Looking to Export and Analyze Galaxy Digital Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) were down 5.6% during trading on Friday . The stock traded as low as C$35.90 and last traded at C$37.08. Approximately 1,578,798 shares traded hands during trading, an increase of 30% from the average daily volume of 1,212,601 shares. The stock had previously closed at C$39.30.

Galaxy Digital Price Performance

The stock's 50-day moving average is C$30.72 and its 200 day moving average is C$25.52. The company has a market cap of C$8.88 billion, a PE ratio of 3.11 and a beta of 3.17.

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.

Recommended Stories

Should You Invest $1,000 in Galaxy Digital Right Now?

Before you consider Galaxy Digital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galaxy Digital wasn't on the list.

While Galaxy Digital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Overlooked AI Stocks That Chipmakers Can’t Live Without
Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines