Galaxy Digital (TSE:GLXY) Reaches New 52-Week High – What’s Next?

Galaxy Digital Holdings Ltd. (TSE:GLXY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$19.24 and last traded at C$19.15, with a volume of 467674 shares. The stock had previously closed at C$17.70.

Galaxy Digital Stock Performance

The stock has a market capitalization of C$2.38 billion, a price-to-earnings ratio of 3.45 and a beta of 3.17. The firm’s 50 day moving average is C$15.26 and its 200-day moving average is C$14.82.

Insider Buying and Selling

In other news, Director Erin Brown sold 10,000 shares of the firm’s stock in a transaction on Monday, September 30th. The stock was sold at an average price of C$18.00, for a total transaction of C$180,000.00. In other news, Director Christopher Charles Ferraro sold 3,300 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of C$18.70, for a total value of C$61,709.67. Also, Director Erin Brown sold 10,000 shares of the firm’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of C$18.00, for a total transaction of C$180,000.00. 2.07% of the stock is currently owned by insiders.

Galaxy Digital Company Profile

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.