Argo Blockchain (LON:ARB) Trading Up 14.7% – Still a Buy?

Shares of Argo Blockchain plc (LON:ARBGet Free Report) were up 14.7% during trading on Friday . The company traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.30 ($0.05). Approximately 5,077,453 shares were traded during mid-day trading, an increase of 82% from the average daily volume of 2,792,552 shares. The stock had previously closed at GBX 3.75 ($0.05).

Argo Blockchain Trading Up 0.7 %

The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76. The firm has a market cap of £27.57 million, a P/E ratio of -61.89 and a beta of 3.39. The firm’s fifty day moving average is GBX 5.22 and its two-hundred day moving average is GBX 8.06.

Argo Blockchain Company Profile

(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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