SHF (NASDAQ:SHFS) Stock Price Up 8.5% – Time to Buy?

SHF Holdings, Inc. (NASDAQ:SHFSGet Free Report)’s share price shot up 8.5% during trading on Wednesday . The stock traded as high as $0.47 and last traded at $0.45. 255,324 shares were traded during trading, an increase of 192% from the average session volume of 87,400 shares. The stock had previously closed at $0.42.

SHF Trading Up 1.8 %

The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $23.84 million, a P/E ratio of 2.52 and a beta of 0.30. The company has a fifty day simple moving average of $0.40 and a two-hundred day simple moving average of $0.51.

About SHF

(Get Free Report)

SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry. The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments.

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