DMG Blockchain Solutions (CVE:DMGI) Sets New 52-Week Low – Here’s Why

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35, with a volume of 387258 shares traded. The stock had previously closed at C$0.36.

DMG Blockchain Solutions Stock Down 2.0 %

The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 15.06. The business’s 50-day simple moving average is C$0.47 and its 200-day simple moving average is C$0.49. The company has a market capitalization of C$59.33 million, a PE ratio of -25.50 and a beta of 4.96.

Insider Buying and Selling at DMG Blockchain Solutions

In other news, Director Sheldon Norman Bennett acquired 99,461 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was bought at an average price of C$0.41 per share, with a total value of C$40,281.71. 2.55% of the stock is owned by corporate insiders.

DMG Blockchain Solutions Company Profile

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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.

Further Reading

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