HIVE Blockchain Technologies (CVE:HIVE) Trading Down 14.3%

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HIVE Blockchain Technologies Ltd (CVE:HIVE)’s share price dropped 14.3% on Monday . The stock traded as low as C$0.12 and last traded at C$0.12, approximately 611,103 shares were traded during mid-day trading. A decline of 42% from the average daily volume of 1,049,021 shares. The stock had previously closed at C$0.14.

The firm’s fifty day moving average price is C$0.17 and its 200 day moving average price is C$0.34. The company has a current ratio of 4.62, a quick ratio of 2.68 and a debt-to-equity ratio of 11.51. The stock has a market capitalization of $40.71 million and a price-to-earnings ratio of -0.31.

About HIVE Blockchain Technologies (CVE:HIVE)

HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining firm. It engages in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and ZCash. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017.

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