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Pax Global Tech (OTCMKTS:PXGYF) Trading Down 3% - Should You Sell?

Pax Global Tech logo with Business Services background

Key Points

  • Pax Global Tech shares declined by 3% to $0.81, with trading volume significantly down at 256 shares, compared to the usual daily average of 6,314 shares.
  • The company maintains a strong liquidity position, evidenced by a quick ratio of 4.00 and a current ratio of 5.05.
  • Pax Global Tech specializes in developing and selling electronic funds transfer point-of-sale products across various countries including the US and China.
  • Need Better Tools to Track Pax Global Tech? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Pax Global Tech (OTCMKTS:PXGYF - Get Free Report)'s stock price dropped 3% on Wednesday . The company traded as low as $0.81 and last traded at $0.81. Approximately 256 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 6,314 shares. The stock had previously closed at $0.83.

Pax Global Tech Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.05 and a quick ratio of 4.00. The stock has a 50-day moving average of $0.75 and a two-hundred day moving average of $0.66.

Pax Global Tech Company Profile

(Get Free Report)

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.

Further Reading

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