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Galaxy Digital (TSE:GLXY) Trading 18.4% Higher - What's Next?

Galaxy Digital logo with Financial Services background

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

Galaxy Digital Price Performance

The firm has a market cap of C$4.81 billion, a P/E ratio of 1.69 and a beta of 3.17. The company's 50-day moving average is C$17.75 and its two-hundred day moving average is C$22.59.

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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