Argo Blockchain plc (LON:ARB – Get Free Report) dropped 6.5% during mid-day trading on Tuesday . The company traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.68 ($0.06). Approximately 343,124 shares were traded during trading, a decline of 93% from the average daily volume of 4,855,983 shares. The stock had previously closed at GBX 5 ($0.06).
Argo Blockchain Trading Down 1.5 %
The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76. The company’s 50-day moving average is GBX 7.25 and its 200 day moving average is GBX 8.71. The company has a market cap of £29.76 million, a price-to-earnings ratio of -66.81 and a beta of 3.39.
About Argo Blockchain
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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