DMG Blockchain Solutions (CVE:DMGI) Shares Down 8.7% – What’s Next?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) shares were down 8.7% during mid-day trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.48. Approximately 1,182,681 shares traded hands during trading, an increase of 174% from the average daily volume of 431,735 shares. The stock had previously closed at C$0.52.

DMG Blockchain Solutions Stock Up 8.3%

The firm has a market capitalization of C$105.69 million, a PE ratio of -6.50 and a beta of 4.26. The company has a fifty day moving average price of C$0.39 and a 200-day moving average price of C$0.31. The company has a debt-to-equity ratio of 16.56, a quick ratio of 1.19 and a current ratio of 2.17.

About DMG Blockchain Solutions

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DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.

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