Banxa Holdings Inc. (CVE:BNXA – Get Free Report) traded down 1.8% on Wednesday . The company traded as low as C$0.55 and last traded at C$0.55. 9,404 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 125,452 shares. The stock had previously closed at C$0.56.
Banxa Price Performance
The company has a fifty day simple moving average of C$0.98 and a 200 day simple moving average of C$0.79. The stock has a market capitalization of C$28.57 million, a price-to-earnings ratio of -13.06 and a beta of 2.75. The company has a debt-to-equity ratio of -209.35, a quick ratio of 2.36 and a current ratio of 0.81.
Insider Activity
In other news, Director Antanas (Tony) Guoga bought 456,800 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was acquired at an average cost of C$1.49 per share, with a total value of C$682,459.20. Insiders own 20.90% of the company’s stock.
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.
Read More
- Five stocks we like better than Banxa
- How to Use Stock Screeners to Find Stocks
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- Bank Stocks – Best Bank Stocks to Invest In
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- What is the Hang Seng index?
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Banxa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banxa and related companies with MarketBeat.com's FREE daily email newsletter.
