Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s share price traded up 18.7% during trading on Friday . The company traded as high as C$0.95 and last traded at C$0.89. Approximately 131,202 shares were traded during mid-day trading, an increase of 322% from the average session volume of 31,091 shares. The stock had previously closed at C$0.75.
Banxa Trading Up 25.3 %
The firm’s fifty day simple moving average is C$0.72 and its 200-day simple moving average is C$0.56. The company has a debt-to-equity ratio of 194.64, a quick ratio of 2.36 and a current ratio of 0.96. The stock has a market cap of C$42.83 million, a P/E ratio of -4.70 and a beta of 2.75.
Banxa Company Profile
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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