Free Trial

Galaxy Digital (TSE:GLXY) Shares Up 18.4% - Here's Why

Galaxy Digital logo with Financial Services background

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) rose 18.4% on Tuesday . The stock traded as high as C$18.38 and last traded at C$18.21. Approximately 1,683,477 shares were traded during mid-day 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 Stock Performance

The firm has a market capitalization of C$4.86 billion, a price-to-earnings ratio of 1.70 and a beta of 3.17. The stock's fifty 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.

See Also

Should You Invest $1,000 in Galaxy Digital Right Now?

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

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines