Free Trial

Galaxy Digital (TSE:GLXY) Shares Up 3.6% - Here's Why

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price was up 3.6% during mid-day trading on Wednesday . The stock traded as high as C$26.60 and last traded at C$26.12. Approximately 790,749 shares changed hands during trading, a decline of 33% from the average daily volume of 1,179,881 shares. The stock had previously closed at C$25.22.

Galaxy Digital Price Performance

The stock has a market cap of C$6.08 billion, a price-to-earnings ratio of 2.13 and a beta of 3.17. The company's fifty day moving average price is C$25.37 and its 200-day moving average price is C$24.19.

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.

Featured Stories

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

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

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

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines