Argo Blockchain plc (LON:ARB – Get Free Report) shares were up 3.4% during mid-day trading on Tuesday . The company traded as high as GBX 9.50 ($0.13) and last traded at GBX 9.05 ($0.12). Approximately 142,949 shares changed hands during trading, a decline of 97% from the average daily volume of 4,631,234 shares. The stock had previously closed at GBX 8.75 ($0.12).
Argo Blockchain Trading Up 2.2 %
The firm has a market capitalization of £59.98 million, a price-to-earnings ratio of -135.86 and a beta of 3.39. The business’s 50-day moving average price is GBX 9.96 and its 200 day moving average price is GBX 10.95. The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19.
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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