Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares traded down 36.4% during mid-day trading on Thursday . The stock traded as low as C$0.74 and last traded at C$0.75. 171,042 shares were traded during trading, an increase of 458% from the average session volume of 30,675 shares. The stock had previously closed at C$1.18.
Banxa Stock Up 25.3 %
The company has a current ratio of 0.96, a quick ratio of 2.36 and a debt-to-equity ratio of 194.64. The stock has a market cap of C$42.83 million, a price-to-earnings ratio of -4.70 and a beta of 2.75. The business’s fifty day simple moving average is C$0.74 and its 200 day simple moving average is C$0.56.
About Banxa
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.
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