Argo Blockchain plc (LON:ARB – Get Free Report) shares shot up 4.4% during mid-day trading on Monday . The company traded as high as GBX 9.50 ($0.13) and last traded at GBX 9.50 ($0.13). 200,615 shares changed hands during trading, a decline of 96% from the average session volume of 4,552,193 shares. The stock had previously closed at GBX 9.10 ($0.12).
Argo Blockchain Trading Up 9.9 %
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 has a market capitalization of £63.64 million, a PE ratio of -130.00 and a beta of 3.39. The business’s 50-day moving average price is GBX 9.98 and its 200-day moving average price is GBX 10.84.
About Argo Blockchain
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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