DMG Blockchain Solutions (CVE:DMGI) Shares Down 15.2% – Time to Sell?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report)’s share price was down 15.2% during trading on Monday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 845,844 shares traded hands during mid-day trading, an increase of 84% from the average daily volume of 458,521 shares. The stock had previously closed at C$0.33.

DMG Blockchain Solutions Trading Down 13.1%

The company has a debt-to-equity ratio of 16.56, a quick ratio of 1.19 and a current ratio of 2.17. The stock has a fifty day moving average of C$0.44 and a 200 day moving average of C$0.33. The company has a market capitalization of C$53.86 million, a PE ratio of -3.31 and a beta of 4.43.

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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