Argo Blockchain (LON:ARB) Stock Price Down 4.2%

Argo Blockchain plc (LON:ARBGet Free Report)’s share price fell 4.2% during trading on Monday . The company traded as low as GBX 11.50 ($0.14) and last traded at GBX 11.50 ($0.14). 1,253,242 shares were traded during trading, a decline of 85% from the average session volume of 8,441,873 shares. The stock had previously closed at GBX 12 ($0.15).

Argo Blockchain Price Performance

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 fifty day moving average price of GBX 14.22 and a two-hundred day moving average price of GBX 14.01. The company has a market cap of £70.41 million, a P/E ratio of -35.88 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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