DMG Blockchain Solutions (CVE:DMGI) Trading Down 1.8% – Should You Sell?

DMG Blockchain Solutions Inc. (CVE:DMGI) dropped 1.8% during mid-day trading on Friday . The stock traded as low as C$0.28 and last traded at C$0.28. Approximately 399,816 shares traded hands during trading, a decline of 27% from the average daily volume of 544,174 shares. The stock had previously closed at C$0.28.

DMG Blockchain Solutions Price Performance

The firm has a market capitalization of C$56.41 million, a PE ratio of -5.50 and a beta of 4.30. 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 price of C$0.30 and a 200-day moving average price of C$0.33.

About DMG Blockchain Solutions

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. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering.