Pax Global Tech (OTCMKTS:PXGYF) Stock Price Down 8.1% - Here's What Happened

Key Points

• Pax Global Tech shares fell by 8.1% during mid-day trading on Monday, closing at $0.76. This marked a significant decline from the previous close of $0.83.
• The trading volume for Pax Global Tech reached approximately 2,250 shares, representing a 150% increase compared to its average daily volume of 901 shares.
• Pax Global Tech specializes in developing and selling electronic funds transfer point-of-sale products across various regions including Hong Kong, the U.S., and Italy.

Shares of Pax Global Tech (OTCMKTS:PXGYF - ) dropped 8.1% during mid-day trading on Monday . The stock traded as low as $0.76 and last traded at $0.76. Approximately 2,250 shares changed hands during mid-day trading, an increase of 150% from the average daily volume of 901 shares. The stock had previously closed at $0.83.

Pax Global Tech Trading Down 8.1%

The company has a quick ratio of 4.73, a current ratio of 5.89 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average of $0.82 and a 200-day moving average of $0.71.

About Pax Global Tech

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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