Argo Blockchain (LON:ARB) Sets New 12-Month Low – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3.10 ($0.04), with a volume of 5502184 shares trading hands. The stock had previously closed at GBX 3.75 ($0.05).

Argo Blockchain Stock Down 17.3 %

The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53. The stock has a 50-day simple moving average of GBX 4.26 and a two-hundred day simple moving average of GBX 7.05. The firm has a market cap of £27.34 million, a PE ratio of -0.38 and a beta of 3.39.

About Argo Blockchain

(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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