Banxa Holdings Inc. (CVE:BNXA - Get Free Report) shares rose 10% on Friday . The stock traded as high as C$1.24 and last traded at C$1.21. Approximately 379,154 shares changed hands during mid-day trading, an increase of 130% from the average daily volume of 165,100 shares. The stock had previously closed at C$1.10.
Banxa Trading Up 10.0 %
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 business's 50-day moving average is C$0.91 and its two-hundred day moving average is C$0.63. The firm has a market cap of C$55.13 million, a P/E ratio of -6.05 and a beta of 2.75.
About Banxa
(
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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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