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Galaxy Digital (TSE:GLXY) Trading 15% Higher - Time to Buy?

Galaxy Digital logo with Financial Services background

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) traded up 15% during mid-day trading on Monday . The company traded as high as C$43.47 and last traded at C$42.77. 1,102,684 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 1,172,481 shares. The stock had previously closed at C$37.20.

Galaxy Digital Stock Performance

The stock has a market capitalization of C$10.25 billion, a P/E ratio of 3.59 and a beta of 3.17. The company's fifty day simple moving average is C$29.52 and its two-hundred day simple moving average is C$24.92.

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.

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