Galaxy Digital (TSE:GLXY) Shares Down 2.6% - What's Next?
Galaxy Digital (TSE:GLXY) shares fell 2.6% during mid-day trading, with the stock trading as low as C$31.23. The company has a market cap of C$6.34 billion and a P/E ratio of 37.95. Despite a Hold rating from analysts, Galaxy Digital was not among the top stocks recommended by analysts. The company operates in digital assets and blockchain technology through five business lines.
Shares of Galaxy Digital Holdings Ltd. (TSE:GLXY - Get Free Report) were down 2.6% during mid-day trading on Friday . The company traded as low as C$31.23 and last traded at C$32.99. Approximately 1,267,507 shares changed hands during trading, an increase of 1% from the average daily volume of 1,255,784 shares. The stock had previously closed at C$33.87.
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Galaxy Digital Stock Down 2.6%
The company has a market cap of C$6.34 billion, a P/E ratio of 37.95 and a beta of 2.13. The company has a 50 day moving average price of C$47.97 and a 200-day moving average price of C$37.58.
Galaxy Digital (TSE:GLXY - Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The company reported C$1.01 earnings per share for the quarter. The business had revenue of C$39.55 billion during the quarter. Galaxy Digital had a net margin of 364.19% and a return on equity of 83.38%. On average, research analysts expect that Galaxy Digital Holdings Ltd. will post 2.1003672 earnings per share for the current fiscal year.
Galaxy Digital Company Profile
(Get Free Report)Galaxy Digital is a is a diversified financial services and investment management company dedicated to the digital assets and blockchain technology industry. The company operates through five business lines: Trading, Principal investing, Asset management, mining and Investment Banking.
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