Argo Blockchain plc (LON:ARB – Get Free Report)’s stock price rose 11.1% during mid-day trading on Wednesday . The stock traded as high as GBX 5 ($0.06) and last traded at GBX 5 ($0.06). Approximately 416,635 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 2,459,616 shares. The stock had previously closed at GBX 4.50 ($0.06).
Argo Blockchain Stock Up 8.9 %
The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The stock has a market cap of £31.18 million, a price-to-earnings ratio of -70.00 and a beta of 3.39. The firm has a 50 day simple moving average of GBX 6.86 and a two-hundred day simple moving average of GBX 8.58.
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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