Argo Blockchain (LON:ARB) Trading Down 5.4% – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price traded down 5.4% during mid-day trading on Tuesday . The stock traded as low as GBX 1.70 and last traded at GBX 1.70. 1,143,843 shares traded hands during trading, a decline of 70% from the average session volume of 3,857,082 shares. The stock had previously closed at GBX 1.80.

Argo Blockchain Price Performance

The company has a fifty day simple moving average of GBX 2.68 and a 200 day simple moving average of GBX 2.52. The stock has a market capitalization of £11.55 million, a price-to-earnings ratio of -0.53 and a beta of 3.39. The company has a debt-to-equity ratio of -201.53, a quick ratio of 0.19 and a current ratio of 0.52.

Argo Blockchain Company Profile

(Get Free Report)

We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. Our mission is centred on running green & efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks.

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