Galaxy Digital (TSE:GLXY) Stock Price Up 7.1% – Still a Buy?

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

Galaxy Digital Trading Down 5.5 %

The stock has a market capitalization of C$3.38 billion, a price-to-earnings ratio of 1.18 and a beta of 3.17. The company’s 50 day moving average is C$20.02 and its 200 day moving average is C$22.54.

Galaxy Digital Company Profile

(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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