Argo Blockchain (LON:ARB) Reaches New 12-Month Low – Should You Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2.75 ($0.04) and last traded at GBX 3.10 ($0.04), with a volume of 819151 shares traded. The stock had previously closed at GBX 3.10 ($0.04).

Argo Blockchain Price Performance

The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53. The company’s fifty day moving average price is GBX 3.62 and its 200 day moving average price is GBX 6.07. The company has a market capitalization of £25.62 million, a P/E ratio of -0.35 and a beta of 3.39.

About Argo Blockchain

(Get Free Report)

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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