Shares of Banxa Holdings Inc. (CVE:BNXA – Get Free Report) dropped 0.3% during mid-day trading on Friday. The company traded as low as C$1.54 and last traded at C$1.54. 89,018 shares were traded during trading, a decline of 70% from the average daily volume of 295,323 shares. The stock had previously closed at C$1.55.
Banxa Price Performance
The stock has a 50-day moving average price of C$1.55 and a two-hundred day moving average price of C$1.54. The company has a current ratio of 0.57, a quick ratio of 2.35 and a debt-to-equity ratio of -144.04. The stock has a market cap of C$70.43 million, a price-to-earnings ratio of -7.72 and a beta of 1.63.
Banxa Company Profile
Banxa Holdings Inc operates as a payments service provider for the cryptocurrency exchanges in Australia, North America, and Europe. It provides Web3 on-and-off ramp solutions that allows users to purchase cryptocurrency and NFT’s using fiat currency. The company’s platform also provides connections to approximately 40 blockchain ecosystems allowing businesses and projects to list new tokens on existing blockchains or explore opportunities to list on new blockchains. Banxa Holdings Inc was founded in 2014 and is headquartered in Melbourne, Australia.
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