Argo Blockchain plc (LON:ARB - Get Free Report) shares traded up 8.4% on Thursday . The company traded as high as GBX 9.50 ($0.12) and last traded at GBX 9 ($0.12). 513,979 shares changed hands during trading, a decline of 88% from the average session volume of 4,358,671 shares. The stock had previously closed at GBX 8.30 ($0.11).
Argo Blockchain Price Performance
The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The stock's 50 day simple moving average is GBX 9.44 and its two-hundred day simple moving average is GBX 10.38. The stock has a market cap of £56.03 million, a price-to-earnings ratio of -128.29 and a beta of 3.39.
Argo Blockchain Company Profile
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Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining 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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