Argo Blockchain (LON:ARB) Shares Up 6.7% – Here’s Why

Argo Blockchain plc (LON:ARBGet Free Report)’s share price was up 6.7% during mid-day trading on Friday . The stock traded as high as GBX 4.25 ($0.05) and last traded at GBX 4 ($0.05). Approximately 361,142 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,975,244 shares. The stock had previously closed at GBX 3.75 ($0.05).

Argo Blockchain Stock Up 7.5 %

The firm’s 50-day moving average price is GBX 4.43 and its 200-day moving average price is GBX 7.28. The company has a debt-to-equity ratio of -201.53, a current ratio of 0.52 and a quick ratio of 0.19. The company has a market cap of £35.54 million, a price-to-earnings ratio of -0.49 and a beta of 3.39.

About Argo Blockchain

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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.

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