Argo Blockchain (LON:ARB) Stock Price Up 11.9% – Here’s What Happened

Shares of Argo Blockchain plc (LON:ARBGet Free Report) traded up 11.9% on Tuesday . The stock traded as high as GBX 10.50 ($0.14) and last traded at GBX 10.07 ($0.13). 1,271,882 shares changed hands during trading, a decline of 69% from the average session volume of 4,166,833 shares. The stock had previously closed at GBX 9 ($0.12).

Argo Blockchain Trading Up 13.7 %

The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The company has a market cap of £65.10 million, a PE ratio of -134.43 and a beta of 3.39. The company’s 50 day simple moving average is GBX 9.25 and its two-hundred day simple moving average is GBX 10.08.

Argo Blockchain Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Argo Blockchain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Blockchain and related companies with MarketBeat.com's FREE daily email newsletter.