Argo Blockchain plc (LON:ARB – Get Free Report)’s share price rose 8.2% during mid-day trading on Monday . The company traded as high as GBX 9.50 ($0.12) and last traded at GBX 9.20 ($0.12). Approximately 1,228,339 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 5,981,824 shares. The stock had previously closed at GBX 8.50 ($0.11).
Argo Blockchain Stock Performance
The company has a quick ratio of 0.19, a current ratio of 0.54 and a debt-to-equity ratio of 39,567.72. The company has a market capitalization of £52.17 million, a PE ratio of -153.83 and a beta of 3.19. The stock’s fifty day simple moving average is GBX 10.50 and its 200-day simple moving average is GBX 14.41.
Argo Blockchain Company Profile
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.
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