Argo Blockchain (LON:ARB) Trading Down 4.2% – Here’s What Happened

Argo Blockchain plc (LON:ARBGet Free Report)’s share price traded down 4.2% during mid-day trading on Saturday . The stock traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.71 ($0.05). 4,601,572 shares were traded during mid-day trading, an increase of 119% from the average session volume of 2,099,775 shares. The stock had previously closed at GBX 3.88 ($0.05).

Argo Blockchain Stock Performance

The company has a debt-to-equity ratio of -201.53, a current ratio of 0.52 and a quick ratio of 0.19. The stock has a 50-day moving average price of GBX 4.28 and a 200 day moving average price of GBX 7.09. The company has a market cap of £32.75 million, a price-to-earnings ratio of -0.45 and a beta of 3.39.

Argo Blockchain Company Profile

(Get Free Report)

We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. Our mission is centred on running green & efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks.

Further Reading

Receive News & Ratings for Argo Blockchain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Blockchain and related companies with MarketBeat.com's FREE daily email newsletter.