Galaxy Digital (TSE:GLXY) Shares Up 18.4% - What's Next?

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) traded up 18.4% during mid-day trading on Tuesday . The company traded as high as C$18.38 and last traded at C$18.21. 1,683,477 shares were traded during mid-day 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 Stock Performance

The stock has a market capitalization of C$4.29 billion, a P/E ratio of 1.50 and a beta of 3.17. The company's 50-day moving average price is C$18.39 and its 200 day moving average price is C$22.53.

About Galaxy Digital

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.

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