Argo Blockchain (LON:ARB) Sets New 12-Month Low – Here’s Why

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 3.50 ($0.04) and last traded at GBX 4 ($0.05), with a volume of 2682129 shares traded. The stock had previously closed at GBX 3.60 ($0.04).

Argo Blockchain Stock Performance

The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The firm’s 50-day moving average price is GBX 5.58 and its 200-day moving average price is GBX 8.19. The stock has a market cap of £25.45 million, a P/E ratio of -57.14 and a beta of 3.39.

About Argo Blockchain

(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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