Argo Blockchain plc (LON:ARB – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 7.50 ($0.10) and last traded at GBX 8.60 ($0.11), with a volume of 12614701 shares traded. The stock had previously closed at GBX 10.10 ($0.13).
Argo Blockchain Price Performance
The stock’s 50 day moving average is GBX 9.21 and its two-hundred day moving average is GBX 9.97. The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The stock has a market capitalization of £54.73 million, a PE ratio of -138.09 and a beta of 3.39.
Argo Blockchain Company Profile
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.
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