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DMG Blockchain Solutions (CVE:DMGI) Sets New 52-Week Low - Here's What Happened

DMG Blockchain Solutions logo with Financial Services background

DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report)'s share price reached a new 52-week low on Thursday . The company traded as low as C$0.37 and last traded at C$0.38, with a volume of 1816184 shares trading hands. The stock had previously closed at C$0.41.

DMG Blockchain Solutions Price Performance

The stock has a fifty day simple moving average of C$0.48 and a 200-day simple moving average of C$0.50. The company has a market capitalization of C$63.94 million, a PE ratio of -25.50 and a beta of 4.96. The company has a current ratio of 2.33, a quick ratio of 1.19 and a debt-to-equity ratio of 15.06.

Insider Transactions at DMG Blockchain Solutions

In related news, Director Sheldon Norman Bennett purchased 99,461 shares of the business's stock in a transaction that occurred on Tuesday, November 26th. The shares were purchased at an average cost of C$0.41 per share, for a total transaction of C$40,281.71. Corporate insiders own 2.55% of the company's stock.

DMG Blockchain Solutions Company Profile

(Get Free Report)

DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services.

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