Argo Blockchain (LON:ARB) Shares Down 4.5% – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price traded down 4.5% during mid-day trading on Friday . The company traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.70 ($0.05). 4,148,391 shares were traded during mid-day trading, an increase of 99% from the average session volume of 2,088,985 shares. The stock had previously closed at GBX 3.88 ($0.05).

Argo Blockchain Price Performance

The company has a 50-day moving average of GBX 4.31 and a 200 day moving average of GBX 7.13. The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53. The stock has a market capitalization of £32.75 million, a PE ratio of -0.45 and a beta of 3.39.

About Argo Blockchain

(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.

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