Argo Blockchain (LON:ARB) Stock Price Up 4.1% – Time to Buy?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price shot up 4.1% during mid-day trading on Wednesday . The company traded as high as GBX 2.75 ($0.04) and last traded at GBX 2.34 ($0.03). 907,591 shares traded hands during trading, a decline of 56% from the average session volume of 2,055,729 shares. The stock had previously closed at GBX 2.25 ($0.03).

Argo Blockchain Stock Up 10.6%

The firm has a 50-day moving average of GBX 2.91 and a 200 day moving average of GBX 4.72. The stock has a market capitalization of £21.95 million, a price-to-earnings ratio of -0.30 and a beta of 3.39. The company has a current ratio of 0.52, a quick ratio of 0.19 and a debt-to-equity ratio of -201.53.

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.

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