Shares of Argo Blockchain plc (LON:ARB – Get Free Report) shot up 11.1% during trading on Wednesday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 5 ($0.06). 416,635 shares changed hands during trading, a decline of 83% from the average session volume of 2,459,616 shares. The stock had previously closed at GBX 4.50 ($0.06).
Argo Blockchain Stock Performance
The stock has a market cap of £30.61 million, a price-to-earnings ratio of -68.73 and a beta of 3.39. The firm’s 50-day moving average is GBX 6.66 and its two-hundred day moving average is GBX 8.52. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 669.76.
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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