Banxa Holdings Inc. (CVE:BNXA – Get Free Report)’s share price was up 30.1% on Wednesday . The stock traded as high as C$1.61 and last traded at C$1.60. Approximately 622,219 shares were traded during trading, an increase of 226% from the average daily volume of 190,581 shares. The stock had previously closed at C$1.23.
Banxa Price Performance
The company has a debt-to-equity ratio of 194.64, a current ratio of 0.96 and a quick ratio of 2.36. The stock has a fifty day moving average of C$0.99 and a 200 day moving average of C$0.68. The stock has a market cap of C$68.80 million, a price-to-earnings ratio of -7.55 and a beta of 2.75.
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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