Argo Blockchain plc (LON:ARB – Get Free Report)’s stock price dropped 3.7% on Wednesday . The stock traded as low as GBX 11.27 ($0.15) and last traded at GBX 11.70 ($0.15). Approximately 3,580,514 shares changed hands during trading, a decline of 35% from the average daily volume of 5,536,320 shares. The stock had previously closed at GBX 12.14 ($0.16).
Argo Blockchain Trading Down 4.4 %
The company has a current ratio of 0.54, a quick ratio of 0.19 and a debt-to-equity ratio of 39,567.72. The business has a 50 day moving average price of GBX 10.01 and a 200-day moving average price of GBX 12.96. The company has a market cap of £66.95 million, a P/E ratio of -202.33 and a beta of 3.19.
About Argo Blockchain
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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