Pax Global Tech (OTCMKTS:PXGYF) Shares Gap Down – Here’s Why

Shares of Pax Global Tech (OTCMKTS:PXGYFGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $0.65, but opened at $0.6149. Pax Global Tech shares last traded at $0.6149, with a volume of 500 shares.

Pax Global Tech Price Performance

The company has a current ratio of 5.89, a quick ratio of 4.73 and a debt-to-equity ratio of 0.01. The stock’s fifty day simple moving average is $0.66 and its 200 day simple moving average is $0.73.

About Pax Global Tech

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Pax Global Technology Limited is a provider of electronic payment solutions, specializing in the design, development and manufacture of point-of-sale (POS) terminals and related software. The company’s product portfolio encompasses countertop, portable and mobile payment devices, each equipped with secure card readers, touchscreen interfaces and support for contactless and mobile wallet payments. Pax Global Technology also supplies integrated software platforms that enable remote device management, firmware updates and real-time transaction monitoring.

In addition to hardware, Pax offers a suite of software services that streamline payment acceptance and terminal administration.

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