Galaxy Digital (TSE:GLXY) Trading 18.4% Higher - Should You Buy?

Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report)'s share price traded up 18.4% during trading on Wednesday . The stock 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 Up 18.4 %

The firm has a market cap of C$4.29 billion, a PE ratio of 1.50 and a beta of 3.17. The business has a 50 day simple moving average of C$18.18 and a two-hundred day simple moving average of C$22.54.

Galaxy Digital Company Profile

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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