Argo Blockchain plc (LON:ARB – Get Free Report)’s stock price rose 11.1% on Wednesday . The stock traded as high as GBX 5 ($0.06) and last traded at GBX 5 ($0.06). Approximately 416,635 shares traded hands during trading, a decline of 83% from the average daily volume of 2,459,616 shares. The stock had previously closed at GBX 4.50 ($0.06).
Argo Blockchain Trading Up 8.9 %
The company’s 50 day simple moving average is GBX 6.86 and its two-hundred day simple moving average is GBX 8.58. The company has a debt-to-equity ratio of 669.76, a quick ratio of 0.19 and a current ratio of 0.43. The stock has a market cap of £31.18 million, a price-to-earnings ratio of -70.00 and a beta of 3.39.
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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