Argo Blockchain plc (LON:ARB – Get Free Report)’s stock price was up 8% during trading on Friday . The stock traded as high as GBX 9 ($0.11) and last traded at GBX 8.23 ($0.10). Approximately 1,989,015 shares changed hands during trading, a decline of 55% from the average daily volume of 4,463,963 shares. The stock had previously closed at GBX 7.62 ($0.10).
Argo Blockchain Trading Up 8.1 %
The firm has a market cap of £52.40 million, a price-to-earnings ratio of -108.86 and a beta of 3.39. The business has a fifty day moving average of GBX 8.98 and a two-hundred day moving average of GBX 9.65. 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
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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