Argo Blockchain (LON:ARB) Stock Price Up 17.1%

Argo Blockchain plc (LON:ARBGet Free Report)’s share price was up 17.1% during mid-day trading on Friday . The stock traded as high as GBX 14 ($0.18) and last traded at GBX 13.70 ($0.17). Approximately 7,225,117 shares were traded during trading, a decline of 27% from the average daily volume of 9,895,909 shares. The stock had previously closed at GBX 11.70 ($0.15).

Argo Blockchain Price Performance

The company has a fifty day simple moving average of GBX 15.75 and a two-hundred day simple moving average of GBX 13.53. The company has a debt-to-equity ratio of 1,380.67, a quick ratio of 0.19 and a current ratio of 0.59. The company has a market capitalization of £79.07 million, a price-to-earnings ratio of -41.52 and a beta of 3.20.

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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