Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) fell 36.4% during mid-day trading on Wednesday . The company traded as low as C$0.74 and last traded at C$0.75. 171,042 shares traded hands during mid-day trading, an increase of 458% from the average session volume of 30,675 shares. The stock had previously closed at C$1.18.
Banxa Price Performance
The company has a current ratio of 0.96, a quick ratio of 2.36 and a debt-to-equity ratio of 194.64. The firm has a market capitalization of C$42.83 million, a price-to-earnings ratio of -4.70 and a beta of 2.75. The company’s 50 day moving average is C$0.74 and its 200-day moving average is C$0.56.
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.
Featured Stories
- Five stocks we like better than Banxa
- Why Are These Companies Considered Blue Chips?
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- The 3 Best Fintech Stocks to Buy Now
- 2 Underrated Quantum Computing Companies Starting to Rally
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.
