Argo Blockchain (LON:ARB) Sets New 12-Month Low – Here’s Why

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4.44 ($0.05), with a volume of 3651916 shares traded. The stock had previously closed at GBX 4.51 ($0.06).

Argo Blockchain Stock Performance

The company has a market capitalization of £28.28 million, a P/E ratio of -63.49 and a beta of 3.39. The business has a 50 day moving average of GBX 6.03 and a 200 day moving average of GBX 8.33. The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76.

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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