DMG Blockchain Solutions (CVE:DMGI) Stock Price Down 7.9% – Here’s Why

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) shares fell 7.9% on Tuesday . The stock traded as low as C$0.29 and last traded at C$0.29. 83,136 shares changed hands during trading, a decline of 78% from the average session volume of 371,011 shares. The stock had previously closed at C$0.32.

DMG Blockchain Solutions Price Performance

The company has a debt-to-equity ratio of 16.56, a quick ratio of 1.19 and a current ratio of 2.17. The stock has a market capitalization of C$55.99 million, a PE ratio of -8.91 and a beta of 4.96. The stock’s 50 day moving average is C$0.31 and its two-hundred day moving average is C$0.40.

About DMG Blockchain Solutions

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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.

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