Banxa Holdings Inc. (CVE:BNXA – Get Free Report) shares fell 11.9% on Wednesday . The stock traded as low as C$1.04 and last traded at C$1.04. 73,334 shares were traded during mid-day trading, an increase of 143% from the average session volume of 30,218 shares. The stock had previously closed at C$1.18.
Banxa Trading Up 25.3 %
The company has a market cap of C$42.83 million, a PE ratio of -4.70 and a beta of 2.75. The stock’s 50 day moving average is C$0.72 and its 200-day moving average is C$0.56. The company has a quick ratio of 2.36, a current ratio of 0.96 and a debt-to-equity ratio of 194.64.
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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