Banxa (CVE:BNXA) Sets New 12-Month Low at $0.37

Banxa Holdings Inc. (CVE:BNXAGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.37 and last traded at C$0.40, with a volume of 11424 shares changing hands. The stock had previously closed at C$0.40.

Banxa Price Performance

The company has a quick ratio of 2.36, a current ratio of 0.96 and a debt-to-equity ratio of 194.64. The company has a market capitalization of C$15.95 million, a price-to-earnings ratio of -2.00 and a beta of 2.83. The stock’s 50-day simple moving average is C$0.49 and its two-hundred day simple moving average is C$0.62.

About Banxa

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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 end users to purchase cryptocurrency and NFT's using fiat currency. The company was founded in 2014 and is headquartered in Melbourne, Australia.

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