Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price shot up 18.4% on Wednesday . The company traded as high as C$18.38 and last traded at C$18.21. 1,683,477 shares traded hands during trading, an increase of 45% from the average session volume of 1,161,285 shares. The stock had previously closed at C$15.38.
Galaxy Digital Price Performance
The firm's fifty day moving average price is C$18.00 and its 200-day moving average price is C$22.55. The company has a market capitalization of C$4.87 billion, a price-to-earnings ratio of 1.71 and a beta of 3.17.
Galaxy Digital Company Profile
(
Get Free Report)
Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.
See Also
Before you consider Galaxy Digital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galaxy Digital wasn't on the list.
While Galaxy Digital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
