Galaxy Digital (TSE:GLXY) Stock Price Down 1.5% – Here’s What Happened

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report)’s share price dropped 1.5% on Tuesday . The company traded as low as C$17.04 and last traded at C$17.09. Approximately 1,013,221 shares changed hands during trading, a decline of 8% from the average daily volume of 1,100,393 shares. The stock had previously closed at C$17.35.

Galaxy Digital Price Performance

The firm has a 50-day simple moving average of C$24.98 and a 200 day simple moving average of C$22.37. The company has a market capitalization of C$4.02 billion, a PE ratio of 1.41 and a beta of 3.17.

About Galaxy Digital

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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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