Argo Blockchain (LON:ARB) Shares Down 5.2% – What’s Next?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price fell 5.2% on Friday . The stock traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.68 ($0.05). 4,175,329 shares were traded during trading, an increase of 100% from the average session volume of 2,088,985 shares. The stock had previously closed at GBX 3.88 ($0.05).

Argo Blockchain Trading Down 4.2 %

The company has a market capitalization of £32.75 million, a price-to-earnings ratio of -0.45 and a beta of 3.39. The company has a debt-to-equity ratio of -201.53, a quick ratio of 0.19 and a current ratio of 0.52. The business’s 50-day simple moving average is GBX 4.31 and its 200-day simple moving average is GBX 7.13.

Argo Blockchain Company Profile

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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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