Argo Blockchain (LON:ARB) Trading Down 5.2% – Here’s Why

Shares of Argo Blockchain plc (LON:ARBGet Free Report) traded down 5.2% during mid-day trading 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 traded hands during 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 Trading Down 4.2 %

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

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.

Read More

Receive News & Ratings for Argo Blockchain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Blockchain and related companies with MarketBeat.com's FREE daily email newsletter.