DMG Blockchain Solutions (CVE:DMGI) Trading Up 5.1% – Time to Buy?

Shares of DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) were up 5.1% during trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. Approximately 452,803 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 489,272 shares. The stock had previously closed at C$0.50.

DMG Blockchain Solutions Stock Performance

The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 15.06. The firm has a market capitalization of C$88.66 million, a PE ratio of -25.50 and a beta of 4.96. The stock’s 50 day moving average price is C$0.48 and its two-hundred day moving average price is C$0.51.

About DMG Blockchain Solutions

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DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.

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