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

DMG Blockchain Solutions logo with Financial Services background

DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.35 and last traded at C$0.35, with a volume of 387258 shares trading hands. The stock had previously closed at C$0.36.

DMG Blockchain Solutions Stock Performance

The company has a debt-to-equity ratio of 15.06, a quick ratio of 1.19 and a current ratio of 2.33. The firm has a 50 day moving average of C$0.46 and a 200-day moving average of C$0.49. The stock has a market capitalization of C$58.82 million, a PE ratio of -25.50 and a beta of 4.96.

Insider Transactions at DMG Blockchain Solutions

In other news, Director Sheldon Norman Bennett acquired 99,461 shares of DMG Blockchain Solutions stock in a transaction dated Tuesday, November 26th. The stock was acquired at an average cost of C$0.41 per share, for a total transaction of C$40,281.71. 2.55% of the stock is currently owned by company insiders.

About DMG Blockchain Solutions

(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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