Argo Blockchain (LON:ARB) Hits New 1-Year Low – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 4.30 ($0.05) and last traded at GBX 4.46 ($0.05), with a volume of 1755439 shares traded. The stock had previously closed at GBX 4.50 ($0.05).

Argo Blockchain Stock Performance

The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76. The stock has a market cap of £28.85 million, a P/E ratio of -64.76 and a beta of 3.39. The firm’s 50-day moving average is GBX 6.36 and its two-hundred day moving average is GBX 8.44.

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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