Argo Blockchain (LON:ARB) Shares Up 8.2%

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

Argo Blockchain Stock Up 8.2 %

The company has a current ratio of 0.54, a quick ratio of 0.19 and a debt-to-equity ratio of 39,567.72. The stock has a market capitalization of £53.10 million, a P/E ratio of -153.33 and a beta of 3.19. The stock’s 50 day simple moving average is GBX 10.56 and its 200 day simple moving average is GBX 14.45.

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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