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Galaxy Digital (TSE:GLXY) Stock Price Up 10.4% - Time to Buy?

Galaxy Digital logo with Financial Services background

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s stock price was up 10.4% on Tuesday . The company traded as high as C$15.05 and last traded at C$13.62. Approximately 1,485,538 shares traded hands during mid-day trading, an increase of 30% from the average daily volume of 1,146,422 shares. The stock had previously closed at C$12.34.

Galaxy Digital Price Performance

The firm has a market cap of C$3.60 billion, a PE ratio of 1.26 and a beta of 3.17. The company has a 50 day simple moving average of C$19.77 and a 200-day simple moving average of C$22.53.

About Galaxy Digital

(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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