Argo Blockchain plc (LON:ARB – Get Free Report)’s share price fell 22.9% on Monday . The stock traded as low as GBX 6.14 ($0.08) and last traded at GBX 6.25 ($0.08). 31,183,967 shares changed hands during mid-day trading, an increase of 581% from the average session volume of 4,582,216 shares. The stock had previously closed at GBX 8.10 ($0.10).
Argo Blockchain Stock Performance
The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The company has a fifty day moving average of GBX 8.84 and a two-hundred day moving average of GBX 9.55. The stock has a market capitalization of £35.00 million, a P/E ratio of -81.43 and a beta of 3.39.
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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