Banxa (CVE:BNXA) Stock Price Down 0.9%

Shares of Banxa Holdings Inc. (CVE:BNXA – Get Rating) traded down 0.9% on Tuesday . The company traded as low as C$1.08 and last traded at C$1.08. 11,993 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 51,313 shares. The stock had previously closed at C$1.09.

Banxa Stock Down 0.9 %

The company has a quick ratio of 2.36, a current ratio of 3.37 and a debt-to-equity ratio of 8.18. The stock has a market cap of C$49.19 million and a price-to-earnings ratio of -4.52. The business’s fifty day moving average is C$1.08 and its two-hundred day moving average is C$1.00.

About Banxa

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Banxa Holdings Inc operates as a payments service provider for the cryptocurrency exchanges internationally. The company provides a conversion widget/API product to third parties who require fiat on-and off-ramps that allows to embed its product into the crypto ecosystem. Banxa Holdings Inc was founded in 2014 and is headquartered in Melbourne, Australia.