DMG Blockchain Solutions Inc. (CVE:DMGI – Get Free Report) shares dropped 8.7% during mid-day trading on Friday . The stock traded as low as C$0.42 and last traded at C$0.42. Approximately 95,658 shares changed hands during trading, a decline of 82% from the average daily volume of 542,875 shares. The stock had previously closed at C$0.46.
DMG Blockchain Solutions Trading Down 8.7 %
The company has a market cap of C$71.45 million, a price-to-earnings ratio of -25.50 and a beta of 4.98. The company has a debt-to-equity ratio of 15.06, a current ratio of 2.33 and a quick ratio of 1.19. The firm’s fifty day moving average price is C$0.52 and its 200-day moving average price is C$0.53.
DMG Blockchain Solutions Company Profile
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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