DMG Blockchain Solutions (CVE:DMGI) Sets New 12-Month Low – Here’s What Happened

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.22 and last traded at C$0.22, with a volume of 1586224 shares trading hands. The stock had previously closed at C$0.26.

DMG Blockchain Solutions Stock Performance

The company has a 50 day moving average of C$0.30 and a two-hundred day moving average of C$0.40. The company has a debt-to-equity ratio of 16.56, a current ratio of 2.17 and a quick ratio of 1.19. The company has a market capitalization of C$50.00 million, a PE ratio of -7.95 and a beta of 4.96.

About DMG Blockchain Solutions

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DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.

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