DMG Blockchain Solutions (CVE:DMGI) Stock Price Up 19.6% – What’s Next?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) shot up 19.6% on Thursday . The company traded as high as C$0.34 and last traded at C$0.34. 558,473 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 478,809 shares. The stock had previously closed at C$0.28.

DMG Blockchain Solutions Price Performance

The company has a quick ratio of 1.19, a current ratio of 2.17 and a debt-to-equity ratio of 16.56. The stock’s 50 day moving average price is C$0.44 and its two-hundred day moving average price is C$0.33. The firm has a market capitalization of C$67.07 million, a price-to-earnings ratio of -4.13 and a beta of 4.43.

DMG Blockchain Solutions Company Profile

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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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