Argo Blockchain plc (LON:ARB – Get Free Report) was down 8% on Tuesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.83 ($0.06). Approximately 4,780,893 shares changed hands during trading, an increase of 68% from the average daily volume of 2,843,959 shares. The stock had previously closed at GBX 5.25 ($0.07).
Argo Blockchain Trading Down 14.3 %
The firm has a market cap of £28.64 million, a P/E ratio of -64.29 and a beta of 3.39. The stock has a 50 day simple moving average of GBX 6.99 and a 200-day simple moving average of GBX 8.61. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 669.76.
About Argo Blockchain
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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