Argo Blockchain plc (LON:ARB – Get Free Report)’s share price dropped 8% during mid-day trading on Tuesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.83 ($0.06). Approximately 4,780,893 shares traded hands during trading, an increase of 68% from the average daily volume of 2,843,959 shares. The stock had previously closed at GBX 5.25 ($0.06).
Argo Blockchain Trading Up 2.3 %
The company has a debt-to-equity ratio of 669.76, a quick ratio of 0.19 and a current ratio of 0.43. The firm has a market cap of £30.91 million, a price-to-earnings ratio of -69.40 and a beta of 3.39. The business has a fifty day simple moving average of GBX 6.86 and a 200-day simple moving average of GBX 8.58.
About Argo Blockchain
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.
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