Argo Blockchain plc (LON:ARB – Get Free Report) fell 8% during trading on Tuesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.83 ($0.06). 4,780,893 shares were traded during trading, an increase of 68% from the average session volume of 2,843,959 shares. The stock had previously closed at GBX 5.25 ($0.07).
Argo Blockchain Stock Down 14.3 %
The company’s 50-day simple moving average is GBX 6.99 and its two-hundred day simple moving average is GBX 8.61. The firm has a market capitalization of £28.64 million, a P/E ratio of -64.29 and a beta of 3.39. 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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