Pax Global Tech (OTCMKTS:PXGYF) Shares Gap Up - Here's What Happened

Key Points

• Pax Global Tech shares increased by 5.9%, opening at $0.72 after closing at $0.68.
• The company has a debt-to-equity ratio of 0.01, indicating low leverage compared to its equity.
• Pax Global Tech specializes in electronic funds transfer point-of-sale products and operates in key markets including Hong Kong, China, the U.S., and Italy.

Pax Global Tech (OTCMKTS:PXGYF - ) gapped up prior to trading on Thursday . The stock had previously closed at $0.68, but opened at $0.72. Pax Global Tech shares last traded at $0.72, with a volume of 5,150 shares changing hands.

Pax Global Tech Stock Up 5.9%

The stock has a 50 day moving average of $0.78 and a 200 day moving average of $0.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.73 and a current ratio of 5.89.

Pax Global Tech Company Profile

PAX Global Technology Limited, an investment holding company, develops and sells electronic funds transfer point-of-sale products in Hong Kong, the People's Republic of China, the United States, and Italy. Its E-payment terminal products include smart E-payment solutions; and android smartPOS, android smart tablet, unattended payment products, PINpad, and Minipigs and mPOS.

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