Argo Blockchain plc (LON:ARB – Get Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as GBX 7 ($0.09) and last traded at GBX 7.60 ($0.10), with a volume of 3689068 shares changing hands. The stock had previously closed at GBX 7.90 ($0.10).
Argo Blockchain Trading Up 4.7 %
The business has a 50 day moving average of GBX 8.98 and a two-hundred day moving average of GBX 9.65. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 669.76. The firm has a market cap of £50.75 million, a P/E ratio of -108.86 and a beta of 3.39.
About Argo Blockchain
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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