Argo Blockchain (LON:ARB) Trading Down 4.2% – What’s Next?

Argo Blockchain plc (LON:ARBGet Free Report)’s share price fell 4.2% on Saturday . The company traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.71 ($0.05). 4,601,572 shares traded hands during 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 Down 4.2 %

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

About Argo Blockchain

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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.

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