Shares of Argo Blockchain plc (LON:ARB – Get Free Report) shot up 17.1% during trading on Friday . The stock traded as high as GBX 14 ($0.18) and last traded at GBX 13.70 ($0.17). 7,225,117 shares were traded during mid-day trading, a decline of 27% from the average session volume of 9,895,909 shares. The stock had previously closed at GBX 11.70 ($0.15).
Argo Blockchain Price Performance
The company has a quick ratio of 0.19, a current ratio of 0.59 and a debt-to-equity ratio of 1,380.67. The company has a market capitalization of £79.07 million, a P/E ratio of -41.52 and a beta of 3.20. The company’s 50-day simple moving average is GBX 15.75 and its 200 day simple moving average is GBX 13.49.
Argo Blockchain Company Profile
(Get Free Report)
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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