Banxa Holdings Inc. (CVE:BNXA – Get Free Report) dropped 11.9% during mid-day trading on Wednesday . The company traded as low as C$1.04 and last traded at C$1.04. Approximately 73,334 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 30,218 shares. The stock had previously closed at C$1.18.
Banxa Price Performance
The company has a quick ratio of 2.36, a current ratio of 0.96 and a debt-to-equity ratio of 194.64. The stock has a market capitalization of C$34.17 million, a PE ratio of -3.75 and a beta of 2.75. The stock’s 50-day moving average is C$0.71 and its 200 day 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.
Read More
- Five stocks we like better than Banxa
- Insider Buying Explained: What Investors Need to Know
- Novo Nordisk: A New Boost for GLP-1 Sales on the Horizon
- Options Trading – Understanding Strike Price
- Why Now Is the Ultimate Time to Invest in Oil Stocks
- What is the NASDAQ Stock Exchange?
- 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.
