Argo Blockchain (LON:ARB) Reaches New 1-Year Low – Here’s What Happened

Argo Blockchain plc (LON:ARBGet Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 2.75 ($0.04) and last traded at GBX 2.75 ($0.04), with a volume of 5242642 shares. The stock had previously closed at GBX 3.25 ($0.04).

Argo Blockchain Price Performance

The firm’s fifty day simple moving average is GBX 3.90 and its two-hundred day simple moving average is GBX 6.49. The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53. The firm has a market cap of £24.25 million, a PE ratio of -0.34 and a beta of 3.39.

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.

Featured Articles

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.