DMG Blockchain Solutions (CVE:DMGI) Trading Up 7.4%

DMG Blockchain Solutions Inc. (CVE:DMGI) traded up 7.4% during trading on Thursday . The stock traded as high as C$0.51 and last traded at C$0.51. 116,040 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 874,550 shares. The stock had previously closed at C$0.48.

DMG Blockchain Solutions Price Performance

The firm has a 50 day moving average price of C$0.58 and a 200 day moving average price of C$0.49. The company has a quick ratio of 1.19, a current ratio of 5.60 and a debt-to-equity ratio of 1.69. The stock has a market cap of C$84.43 million, a P/E ratio of -25.00 and a beta of 5.04.

Insider Activity at DMG Blockchain Solutions

In related news, Senior Officer Adrian Glover sold 117,000 shares of DMG Blockchain Solutions stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of C$0.58, for a total transaction of C$67,860.00. 2.74% of the stock is owned by corporate insiders.

DMG Blockchain Solutions Company Profile

DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.