Banxa Holdings Inc. (CVE:BNXA – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.94 and last traded at C$0.94, with a volume of 198107 shares. The stock had previously closed at C$0.73.
Banxa Price Performance
The company has a 50-day moving average of C$0.47 and a 200-day moving average of C$0.53. The company has a debt-to-equity ratio of 194.64, a quick ratio of 2.36 and a current ratio of 0.96. The stock has a market cap of C$61.05 million, a price-to-earnings ratio of -6.70 and a beta of 2.75.
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.
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