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Galaxy Digital (TSE:GLXY) Shares Up 10.2% - Should You Buy?

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price traded up 10.2% during mid-day trading on Tuesday . The stock traded as high as C$15.05 and last traded at C$13.60. 1,820,200 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 1,152,716 shares. The stock had previously closed at C$12.34.

Galaxy Digital Stock Up 6.5 %

The company has a market cap of C$3.60 billion, a PE ratio of 1.26 and a beta of 3.17. The business's 50 day moving average price is C$19.77 and its 200-day moving average price is C$22.53.

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.

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