Galaxy Digital (TSE:GLXY) Sets New 12-Month High at $12.60

Galaxy Digital Holdings Ltd. (TSE:GLXYGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$12.60 and last traded at C$12.50, with a volume of 561416 shares changing hands. The stock had previously closed at C$11.81.

Analyst Upgrades and Downgrades

Separately, ATB Capital set a C$13.00 target price on shares of Galaxy Digital and gave the stock an “outperform” rating in a report on Friday, December 15th.

Read Our Latest Analysis on GLXY

Galaxy Digital Stock Up 2.7 %

The company has a 50-day moving average of C$9.85 and a 200 day moving average of C$7.27. The stock has a market capitalization of C$1.28 billion, a PE ratio of -7.72 and a beta of 3.23.

Insider Activity

In related news, Director Erin Brown sold 12,000 shares of the stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of C$10.34, for a total transaction of C$124,080.00. In related news, Director Damien Richard Paul Vanderwilt sold 50,000 shares of Galaxy Digital stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of C$8.00, for a total value of C$400,000.00. Also, Director Erin Brown sold 12,000 shares of Galaxy Digital stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of C$10.34, for a total value of C$124,080.00. Insiders own 4.22% of the company’s stock.

Galaxy Digital Company Profile

(Get Free Report)

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.

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