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Argo Blockchain (LON:ARB) down 7.7%
Argo Blockchain plc (LONDON:ARB – Get a free report) stock price fell 7.7% on Friday. The stock was trading as low as GBX 8.31 ($0.11) and was last trading at GBX 8.31 ($0.11). 181,587 shares were traded during trading, a 97% decline from the session’s average volume of 5,636,129 shares. The stock had previously closed at GBX 9 ($0.12).
Argo Blockchain Trading Down 5.6%
The company has a market capitalization of GBP 49.06 million, a P/E ratio of -141.67, and a beta of 3.19. The company has a 50-day moving average price of GBX 10.04 and a 200-day moving average price of GBX 13.94. 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.
About Argo Blockchain
Argo Blockchain plc, together with its subsidiaries, is engaged in the mining of bitcoin and other cryptocurrencies worldwide. It is engaged in mining on 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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