Argo Blockchain plc (LON:ARB – Get Free Report) dropped 11.7% on Tuesday . The company traded as low as GBX 1.20 and last traded at GBX 1.21. Approximately 208,387 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 3,898,719 shares. The stock had previously closed at GBX 1.37.
Argo Blockchain Stock Performance
The company’s 50-day moving average price is GBX 2.60 and its two-hundred day moving average price is GBX 2.43. The company has a market cap of £7.95 million, a P/E ratio of -0.37 and a beta of 3.39. The company has a current ratio of 0.52, a quick ratio of 0.19 and a debt-to-equity ratio of -201.53.
About Argo Blockchain
We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. Our mission is centred on running green & efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks.
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