Shares of Argo Blockchain plc (LON:ARB – Get Free Report) fell 4.3% on Monday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 7.90 ($0.10). 2,633,981 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 6,180,228 shares. The stock had previously closed at GBX 8.25 ($0.10).
Argo Blockchain Stock Performance
The company has a quick ratio of 0.19, a current ratio of 0.54 and a debt-to-equity ratio of 39,567.72. The stock has a market capitalization of £49.06 million, a PE ratio of -150.00 and a beta of 3.19. The firm has a 50 day moving average price of GBX 10.79 and a 200-day moving average price of GBX 14.56.
Argo Blockchain Company Profile
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.
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