Argo Blockchain plc (LON:ARB – Get Free Report)’s share price shot up 7.6% on Tuesday . The company traded as high as GBX 8.50 ($0.11) and last traded at GBX 8.39 ($0.11). 636,506 shares were traded during mid-day trading, a decline of 90% from the average session volume of 6,133,963 shares. The stock had previously closed at GBX 7.80 ($0.10).
Argo Blockchain Price Performance
The stock has a market capitalization of £51.94 million, a P/E ratio of -146.67 and a beta of 3.19. The business’s 50 day simple moving average is GBX 10.74 and its two-hundred day simple moving average is GBX 14.52. The company has a quick ratio of 0.19, a current ratio of 0.54 and a debt-to-equity ratio of 39,567.72.
About Argo Blockchain
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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