Argo Blockchain (LON:ARB) Hits New 1-Year Low – Should You Sell?

Argo Blockchain plc (LON:ARBGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4.44 ($0.05), with a volume of 3651916 shares trading hands. The stock had previously closed at GBX 4.51 ($0.06).

Argo Blockchain Price Performance

The company has a fifty day moving average of GBX 5.80 and a 200-day moving average of GBX 8.26. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 669.76. The stock has a market cap of £23.86 million, a PE ratio of -53.57 and a beta of 3.39.

Argo Blockchain Company Profile

(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

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