Galaxy Digital (TSE:GLXY) Stock Price Up 7.1% – Should You Buy?

Shares of Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report) traded up 7.1% during mid-day trading on Tuesday . The stock traded as high as C$15.05 and last traded at C$13.22. 2,213,358 shares traded hands during trading, an increase of 91% from the average session volume of 1,159,207 shares. The stock had previously closed at C$12.34.

Galaxy Digital Stock Up 7.1 %

The stock has a market capitalization of C$3.11 billion, a price-to-earnings ratio of 1.09 and a beta of 3.17. The stock’s 50-day simple moving average is C$20.84 and its 200 day simple moving average is C$22.55.

About Galaxy Digital

(Get Free Report)

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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