Argo Blockchain (LON:ARB) Sets New 12-Month Low – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 3.50 ($0.04) and last traded at GBX 4 ($0.05), with a volume of 2682129 shares traded. The stock had previously closed at GBX 3.60 ($0.04).

Argo Blockchain Price Performance

The firm has a market cap of £23.86 million, a P/E ratio of -53.57 and a beta of 3.39. The firm’s fifty day simple moving average is GBX 5.29 and its 200 day simple moving average is GBX 8.09. The company has a debt-to-equity ratio of 669.76, a quick ratio of 0.19 and a current ratio of 0.43.

Argo Blockchain Company Profile

(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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