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Galaxy Digital (TSE:GLXY) Trading Up 7.1% - Here's Why

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) shares shot up 7.1% during trading on Tuesday . The company traded as high as C$15.05 and last traded at C$13.22. 2,213,358 shares changed hands during trading, an increase of 91% from the average session volume of 1,159,207 shares. The stock had previously closed at C$12.34.

Galaxy Digital Stock Performance

The stock has a market cap of C$3.60 billion, a price-to-earnings ratio of 1.26 and a beta of 3.17. The company's 50 day simple moving average is C$19.77 and its two-hundred day simple moving average is C$22.53.

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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