Shares of Argo Blockchain plc (LON:ARB – Get Free Report) dropped 23.8% on Monday . The company traded as low as GBX 0.60 and last traded at GBX 0.80. Approximately 6,847,154 shares changed hands during trading, an increase of 61% from the average daily volume of 4,240,353 shares. The stock had previously closed at GBX 1.05.
Argo Blockchain Stock Down 23.8%
The company has a debt-to-equity ratio of -78.27, a quick ratio of 0.19 and a current ratio of 0.74. The company’s fifty day moving average price is GBX 0.80 and its 200-day moving average price is GBX 0.80. The stock has a market cap of £5.77 million, a P/E ratio of -0.27 and a beta of 3.39.
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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