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Currency Exchange International ( (TSE:CXI) ) just unveiled an announcement.
Currency Exchange International Corp. has announced that its common shares will now trade on the OTCQX Best Market under the symbol CURN, upgrading from the Pink market. This move is part of the company’s strategy to expand its U.S. shareholder base and enhance investor engagement, providing greater transparency and exposure to a broader group of institutional and retail investors.
Spark’s Take on TSE:CXI Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXI is a Outperform.
Currency Exchange International’s overall score reflects strong financial performance and strategic growth initiatives in the U.S. market, despite challenges in Canadian operations and cash flow management. The high P/E ratio and technical analysis suggest caution, but the company is well-positioned for future growth with its strategic focus.
To see Spark’s full report on TSE:CXI stock, click here.
More about Currency Exchange International
Currency Exchange International Corp. is a leader in providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select global clients. Their primary products and services include foreign currency exchange, wire transfer payments, Global EFTs, and foreign cheque clearing. The company serves wholesale customers through its proprietary FX software applications and consumers through retail branches and an e-commerce platform.
Average Trading Volume: 5,915
Technical Sentiment Signal: Sell
Current Market Cap: C$129.8M
For detailed information about CXI stock, go to TipRanks’ Stock Analysis page.