Argo Blockchain (LON:ARB) Shares Up 8.9% – Time to Buy?

Argo Blockchain plc (LON:ARBGet Free Report) shares were up 8.9% during mid-day trading on Monday . The stock traded as high as GBX 2.18 and last traded at GBX 2.18. Approximately 784,057 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,887,236 shares. The stock had previously closed at GBX 2.

Argo Blockchain Price Performance

The firm has a market capitalization of £12.97 million, a P/E ratio of -0.60 and a beta of 3.39. The business’s fifty day moving average is GBX 2.68 and its 200 day moving average is GBX 2.54. 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.

Further Reading

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