Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) shares dropped 6.6% on Friday . The company traded as low as C$36.89 and last traded at C$36.90. Approximately 671,478 shares were traded during trading, a decline of 45% from the average daily volume of 1,223,334 shares. The stock had previously closed at C$39.50.
Galaxy Digital Stock Performance
The stock has a 50 day moving average price of C$32.77 and a two-hundred day moving average price of C$25.98. The company has a market capitalization of C$8.20 billion, a PE ratio of 2.87 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
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.