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Galaxy Digital (TSE:GLXY) Stock Price Up 15% - Still a Buy?

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) shares shot up 15% during trading on Monday . The stock traded as high as C$43.47 and last traded at C$42.77. 1,102,684 shares changed hands during 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 Price Performance

The stock has a 50-day moving average price of C$28.67 and a 200 day moving average price of C$24.54. The firm has a market cap of C$8.84 billion, a price-to-earnings ratio of 3.10 and a beta of 3.17.

Galaxy Digital Company Profile

(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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