Pax Global Tech (OTCMKTS:PXGYF) Shares Gap Up - Should You Buy?

Key Points

• Pax Global Tech shares gapped up at the open, rising from a prior close of $0.4769 to an opening/last trade of $0.5307.
• The stock traded on relatively light volume of 1,824 shares and was noted as down 2.8% overall in the article headline section.
• The company’s balance sheet metrics appear strong, with a quick ratio of 3.76, current ratio of 4.50, and very low debt-to-equity ratio of 0.01; its shares were also below both the 50-day and 200-day moving averages.

Pax Global Tech (OTCMKTS:PXGYF - Get Free Report)'s stock price gapped up before the market opened on Friday . The stock had previously closed at $0.4769, but opened at $0.5307. Pax Global Tech shares last traded at $0.5307, with a volume of 1,824 shares trading hands.

Pax Global Tech Stock Down 2.8%

The company has a quick ratio of 3.76, a current ratio of 4.50 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average is $0.56 and its 200 day moving average is $0.62.

Pax Global Tech Company Profile

Pax Global Technology Limited is a provider of electronic payment solutions, specializing in the design, development and manufacture of point-of-sale (POS) terminals and related software. The company's product portfolio encompasses countertop, portable and mobile payment devices, each equipped with secure card readers, touchscreen interfaces and support for contactless and mobile wallet payments. Pax Global Technology also supplies integrated software platforms that enable remote device management, firmware updates and real-time transaction monitoring.

In addition to hardware, Pax offers a suite of software services that streamline payment acceptance and terminal administration.

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