Banxa Holdings Inc. (CVE:BNXA – Get Free Report) was down 36.4% on Wednesday . The company traded as low as C$0.74 and last traded at C$0.75. Approximately 170,742 shares were traded during trading, an increase of 457% from the average daily volume of 30,674 shares. The stock had previously closed at C$1.18.
Banxa Stock Down 36.4 %
The firm’s fifty day moving average is C$0.71 and its two-hundred day moving average is C$0.56. The firm has a market cap of C$34.17 million, a price-to-earnings ratio of -3.75 and a beta of 2.75. The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36.
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.
Read More
- Five stocks we like better than Banxa
- How Can Investors Benefit From After-Hours Trading
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- 3 REITs to Buy and Hold for the Long Term
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What Are Dividend Achievers? An Introduction
- Q4’s Most Upgraded Stocks: Promising Buys for 2025
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.
