Argo Blockchain plc (LON:ARB – Get Free Report) shares were down 4.2% on Monday . The stock traded as low as GBX 11.50 ($0.14) and last traded at GBX 11.50 ($0.14). Approximately 1,253,242 shares were traded during trading, a decline of 85% from the average daily volume of 8,441,873 shares. The stock had previously closed at GBX 12 ($0.15).
Argo Blockchain Price Performance
The stock has a market capitalization of £70.41 million, a price-to-earnings ratio of -35.88 and a beta of 3.20. The stock’s 50 day simple moving average is GBX 14.22 and its 200-day simple moving average is GBX 14.01. The company has a debt-to-equity ratio of 1,380.67, a current ratio of 0.59 and a quick ratio of 0.19.
Argo Blockchain Company Profile
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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