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Galaxy Digital (TSE:GLXY) Shares Up 8.7% - Here's What Happened

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price was up 8.7% during trading on Wednesday . The company traded as high as C$32.43 and last traded at C$31.96. Approximately 2,607,780 shares were traded during mid-day trading, an increase of 115% from the average daily volume of 1,211,153 shares. The stock had previously closed at C$29.39.

Galaxy Digital Stock Down 1.2%

The company has a market capitalization of C$7.33 billion, a P/E ratio of 2.57 and a beta of 3.17. The business has a 50 day moving average of C$19.83 and a 200 day moving average of C$23.52.

Galaxy Digital Company Profile

(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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