DMG Blockchain Solutions (CVE:DMGI) Stock Price Up 7.4%

DMG Blockchain Solutions Inc. (CVE:DMGI)’s stock price shot up 7.4% on Thursday . The stock traded as high as C$0.51 and last traded at C$0.51. 116,040 shares changed hands during trading, a decline of 87% from the average session volume of 874,550 shares. The stock had previously closed at C$0.48.

DMG Blockchain Solutions Trading Up 8.4 %

The company has a current ratio of 5.60, a quick ratio of 1.19 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of C$86.96 million, a P/E ratio of -25.75 and a beta of 5.04. The business has a 50 day moving average of C$0.58 and a 200-day moving average of C$0.49.

Insider Activity

In related news, Senior Officer Adrian Glover sold 117,000 shares of the firm’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of C$0.58, for a total transaction of C$67,860.00. Corporate insiders own 2.74% of the company’s stock.

About DMG Blockchain Solutions

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.