Argo Blockchain (LON:ARB) Shares Up 8.2%

Argo Blockchain plc (LON:ARBGet Free Report)’s share price traded up 8.2% during mid-day trading on Monday . The stock traded as high as GBX 9.50 ($0.12) and last traded at GBX 9.20 ($0.12). 1,228,339 shares traded hands during trading, a decline of 79% from the average session volume of 5,981,824 shares. The stock had previously closed at GBX 8.50 ($0.11).

Argo Blockchain Price Performance

The company has a market capitalization of £53.10 million, a price-to-earnings ratio of -153.33 and a beta of 3.19. The company has a 50-day moving average price of GBX 10.56 and a 200-day moving average price of GBX 14.45. The company has a debt-to-equity ratio of 39,567.72, a quick ratio of 0.19 and a current ratio of 0.54.

Argo Blockchain Company Profile

(Get Free Report)

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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