Argo Blockchain (LON:ARB) Sets New 12-Month Low – Should You Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3.30 ($0.04), with a volume of 4965944 shares traded. The stock had previously closed at GBX 3.34 ($0.04).

Argo Blockchain Trading Up 1.1 %

The firm has a market capitalization of £30.10 million, a price-to-earnings ratio of -0.42 and a beta of 3.39. The business’s fifty day moving average is GBX 4.08 and its 200 day moving average is GBX 6.78. The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53.

About Argo Blockchain

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Argo Blockchain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Blockchain and related companies with MarketBeat.com's FREE daily email newsletter.