Galaxy Digital (TSE:GLXY) Trading Down 10.9% – Time to Sell?

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report) shares were down 10.9% during trading on Wednesday . The company traded as low as C$26.03 and last traded at C$26.70. Approximately 455,657 shares were traded during trading, a decline of 63% from the average daily volume of 1,225,567 shares. The stock had previously closed at C$29.97.

Galaxy Digital Stock Down 3.4%

The stock has a market capitalization of C$6.37 billion, a price-to-earnings ratio of 2.23 and a beta of 3.17. The company has a 50 day moving average of C$21.86 and a 200 day moving average of C$24.09.

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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