DMG Blockchain Solutions (CVE:DMGI) Stock Price Up 5.1% – Time to Buy?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report)’s stock price shot up 5.1% during mid-day trading on Monday . The stock traded as high as C$0.52 and last traded at C$0.52. 452,803 shares traded hands during trading, a decline of 7% from the average session volume of 489,272 shares. The stock had previously closed at C$0.50.

DMG Blockchain Solutions Price Performance

The company has a quick ratio of 1.19, a current ratio of 2.33 and a debt-to-equity ratio of 15.06. The firm’s fifty day simple moving average is C$0.48 and its two-hundred day simple moving average is C$0.51. The firm has a market cap of C$83.55 million, a PE ratio of -25.50 and a beta of 4.96.

DMG Blockchain Solutions Company Profile

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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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