Shares of DMG Blockchain Solutions Inc. (CVE:DMGI – Get Free Report) dropped 19.7% during trading on Monday . The stock traded as low as C$0.26 and last traded at C$0.27. Approximately 1,711,598 shares changed hands during trading, an increase of 268% from the average daily volume of 464,671 shares. The stock had previously closed at C$0.33.
DMG Blockchain Solutions Stock Down 13.1%
The stock has a market capitalization of C$53.86 million, a price-to-earnings ratio of -3.31 and a beta of 4.43. The company has a debt-to-equity ratio of 16.56, a current ratio of 2.17 and a quick ratio of 1.19. The business has a fifty day moving average of C$0.44 and a 200 day moving average of C$0.33.
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.
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