Free Trial

Galaxy Digital (TSE:GLXY) Trading Up 4.6% - What's Next?

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) shares were up 4.6% during trading on Wednesday . The stock traded as high as C$57.84 and last traded at C$57.78. Approximately 1,608,354 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 1,277,734 shares. The stock had previously closed at C$55.22.

Galaxy Digital Price Performance

The firm's fifty day simple moving average is C$40.28 and its 200 day simple moving average is C$30.73. The company has a market capitalization of C$9.78 billion, a price-to-earnings ratio of -67.19 and a beta of 2.09.

About Galaxy Digital

(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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

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