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DMG Blockchain Solutions (CVE:DMGI) Stock Price Down 3.1% - Here's What Happened

DMG Blockchain Solutions logo with Financial Services background

Shares of DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report) traded down 3.1% on Tuesday . The stock traded as low as C$0.31 and last traded at C$0.32. 206,750 shares traded hands during trading, a decline of 57% from the average session volume of 480,680 shares. The stock had previously closed at C$0.33.

DMG Blockchain Solutions Stock Performance

The firm has a 50 day moving average of C$0.35 and a two-hundred day moving average of C$0.44. The stock has a market cap of C$61.59 million, a PE ratio of -9.80 and a beta of 4.96. The company has a debt-to-equity ratio of 16.56, a current ratio of 2.17 and a quick ratio of 1.19.

Insider Buying and Selling at DMG Blockchain Solutions

In other news, Director Sheldon Norman Bennett acquired 99,461 shares of DMG Blockchain Solutions stock in a transaction on Tuesday, November 26th. The stock was bought at an average price of C$0.41 per share, for a total transaction of C$40,281.71. Over the last quarter, insiders bought 133,066 shares of company stock worth $51,702. 2.55% of the stock is owned by insiders.

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.

Further Reading

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