SHF (NASDAQ:SHFS) Stock Price Up 8.5% – Here’s Why

Shares of SHF Holdings, Inc. ( NASDAQ:SHFS – Get Free Report ) shot up 8.5% during mid-day trading on Wednesday .

The company traded as high as $0.47 and last traded at $0.45.



255,324 shares traded hands during trading, an increase of 192% from the average session volume of 87,400 shares. The stock had previously closed at $0.42.

SHF Price Performance The stock has a market capitalization of $25.07 million, a P/E ratio of 2.65 and a beta of 0.

30. The business has a fifty day simple moving average of $0.40 and a 200 day simple moving average of $0.

51. The company has a current ratio of 0.83, a quick ratio of 0.

83 and a debt-to-equity ratio of 0.22. About SHF ( Get Free Report ) SHF Holdings, Inc, through its subsidiaries, provides access to banking, lending, and other financial services to financial institutions serving the cannabis industry.

The company, through its proprietary platform, offers access to business checking and savings accounts, cash management accounts, savings and investment options, commercial lending, courier services, remote deposit services, automated clearing house payments and origination, and wire payments. See Also Five stocks we like better than SHF How the NYSE and NASDAQ are Different, Why That Matters to Investors Work and Play: Investing in the Rise of Bleisure Travel What Are Earnings Reports? Top Dividend Stocks to Buy Now as Bond Yields Could Lower How to Plot Fibonacci Price Inflection Levels SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for SHF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SHF and related companies with MarketBeat.com's FREE daily email newsletter .

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