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Galaxy Digital (TSE:GLXY) Stock Price Up 18.4% - Here's Why

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price traded up 18.4% on Wednesday . The company traded as high as C$18.38 and last traded at C$18.21. 1,683,477 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 1,161,285 shares. The stock had previously closed at C$15.38.

Galaxy Digital Trading Down 1.7 %

The business's 50-day moving average price is C$17.75 and its 200-day moving average price is C$22.59. The stock has a market cap of C$4.77 billion, a PE ratio of 1.67 and a beta of 3.17.

About Galaxy Digital

(Get Free Report)

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.

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