Galaxy Digital (TSE:GLXY) Stock Price Down 3.7% - Should You Sell?

Key Points

• Galaxy Digital's stock price fell by 3.7% to C$34.03 on Monday, with trading volume dropping 22% from its average.
• The company has a market capitalization of C$8.01 billion and a price-to-earnings ratio of 2.81, indicating significant volatility with a beta of 3.17.
• Galaxy Digital is a diversified financial services company focused on digital assets and blockchain technology, operating across five main business lines.

Galaxy Digital Holdings Ltd. (TSE:GLXY - )'s stock price traded down 3.7% on Monday . The company traded as low as C$33.22 and last traded at C$34.03. 958,472 shares changed hands during trading, a decline of 22% from the average session volume of 1,229,426 shares. The stock had previously closed at C$35.35.

Galaxy Digital Trading Down 3.7%

The stock has a market cap of C$8.01 billion, a price-to-earnings ratio of 2.81 and a beta of 3.17. The stock's 50 day moving average is C$33.52 and its two-hundred day moving average is C$26.21.

Galaxy Digital Company Profile

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.

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