Argo Blockchain (LON:ARB) Stock Price Down 4.8%

Argo Blockchain plc (LON:ARBGet Free Report) traded down 4.8% on Wednesday . The stock traded as low as GBX 9.10 ($0.12) and last traded at GBX 10 ($0.13). 4,783,407 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 6,645,213 shares. The stock had previously closed at GBX 10.50 ($0.13).

Argo Blockchain Trading Up 5.0 %

The business’s 50 day simple moving average is GBX 11.56 and its 200-day simple moving average is GBX 14.53. The company has a debt-to-equity ratio of 39,567.72, a current ratio of 0.54 and a quick ratio of 0.19. The stock has a market capitalization of £61.55 million, a P/E ratio of -177.75 and a beta of 3.19.

Argo Blockchain Company Profile

(Get Free Report)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.

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.