Argo Blockchain (LON:ARB) Stock Price Down 5.2% – Here’s What Happened

Argo Blockchain plc (LON:ARBGet Free Report) shares traded down 5.2% on Friday . The company traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.68 ($0.05). 4,175,329 shares were traded during mid-day trading, an increase of 100% from the average session volume of 2,088,985 shares. The stock had previously closed at GBX 3.88 ($0.05).

Argo Blockchain Stock Down 4.2 %

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

About Argo Blockchain

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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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