Banxa (BNXA) Stock Price, News & Analysis

Company Overview

Banxa Holdings Inc. operates as a payments service provider for the cryptocurrency exchanges in Australia, North America, and Europe. It provides Web3 on-and-off ramp solutions that allows users to purchase cryptocurrency and NFT's using fiat currency. The company's platform also provides connections to approximately 40 blockchain ecosystems allowing businesses and projects to list new tokens on existing blockchains or explore opportunities to list on new blockchains. Banxa Holdings Inc. was founded in 2014 and is headquartered in Melbourne, Australia.

Key Stats

• Today's Range: C$0.53 to C$0.54
• 50-Day Range: C$0.31 to C$0.58
• 52-Week Range: C$0.31 to C$0.94
• Volume: 8,628 shs
• Average Volume: 19,502 shs
• Market Capitalization: C$24.15 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$1.00
• Consensus Rating: N/A

Banxa Stock Analysis - MarketRank™

Banxa scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5

Amount of Analyst Coverage

Banxa has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Banxa is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Banxa is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BNXA.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Banxa does not currently pay a dividend.

Dividend Growth

Banxa does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BNXA.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.18

News Sentiment

Banxa has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Banxa this week, compared to 1 article on an average week.

MarketBeat Follows

1 people have added Banxa to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Banxa insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.90% of the stock of Banxa is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.06% of the stock of Banxa is held by institutions.

BNXA Stock Analysis - Frequently Asked Questions

How have BNXA shares performed this year?

Banxa's stock was trading at C$0.67 at the beginning of 2024. Since then, BNXA shares have decreased by 20.9% and is now trading at C$0.53.
View the best growth stocks for 2024 here.

How do I buy shares of Banxa?

Shares of BNXA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Banxa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Banxa investors own include Enterprise Products Partners (EPD), Enbridge (ENB), GrowGeneration (GRWG), NVIDIA (NVDA), Arista Networks (ANET), NextEra Energy Partners (NEP) and Magna International (MG).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: N/A
• Current Symbol: CVE:BNXA
• CUSIP: N/A
• CIK: N/A
• Web: www.banxa.com
• Phone: N/A
• Fax: N/A
• Employees: 149
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$1.00
• High Stock Price Target: C$1.00
• Low Stock Price Target: C$1.00
• Potential Upside/Downside: +85.2%
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-9,730,000.00
• Net Margins: -3.33%
• Pretax Margin: N/A
• Return on Equity: -5,336.19%
• Return on Assets: -15.33%

Debt

• Debt-to-Equity Ratio: 194.64
• Current Ratio: 0.96
• Quick Ratio: 2.36

Sales & Book Value

• Annual Sales: C$292.18 million
• Price / Sales: 0.08
• Cash Flow: C$0.12 per share
• Price / Cash Flow: 4.54
• Book Value: C($0.10) per share
• Price / Book: -5.40

Miscellaneous

• Outstanding Shares: 45,560,000
• Free Float: N/A
• Market Cap: C$24.60 million
• Optionable: Not Optionable
• Beta: 2.75