Argo Blockchain (LON:ARB) Trading Up 14.7% – What’s Next?

Argo Blockchain plc (LON:ARBGet Free Report)’s share price traded up 14.7% on Friday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.30 ($0.05). 5,077,453 shares changed hands during mid-day trading, an increase of 82% from the average session volume of 2,792,552 shares. The stock had previously closed at GBX 3.75 ($0.05).

Argo Blockchain Trading Up 0.7 %

The firm’s 50-day simple moving average is GBX 5.22 and its 200-day simple moving average is GBX 8.06. The firm has a market capitalization of £27.57 million, a PE ratio of -61.89 and a beta of 3.39. The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76.

Argo Blockchain Company Profile

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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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