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DMG Blockchain Solutions (CVE:DMGI) Shares Down 7.9% - Here's Why

DMG Blockchain Solutions logo with Financial Services background
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DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report) shares fell 7.9% during mid-day trading on Tuesday . The company traded as low as C$0.29 and last traded at C$0.29. 83,136 shares were traded during trading, a decline of 78% from the average session volume of 371,011 shares. The stock had previously closed at C$0.32.

DMG Blockchain Solutions Stock Down 8.9 %

The company has a current ratio of 2.17, a quick ratio of 1.19 and a debt-to-equity ratio of 16.56. The company has a 50-day simple moving average of C$0.31 and a 200 day simple moving average of C$0.40. The company has a market cap of C$50.99 million, a P/E ratio of -8.11 and a beta of 4.96.

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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