Argo Blockchain (LON:ARB) Hits New 52-Week Low – What’s Next?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4.44 ($0.05), with a volume of 3651916 shares traded. The stock had previously closed at GBX 4.51 ($0.06).

Argo Blockchain Stock Down 1.3 %

The stock has a market capitalization of £23.86 million, a price-to-earnings ratio of -53.57 and a beta of 3.39. The company has a quick ratio of 0.19, a current ratio of 0.43 and a debt-to-equity ratio of 669.76. The business’s 50-day moving average is GBX 5.80 and its two-hundred day moving average is GBX 8.26.

Argo Blockchain Company Profile

(Get Free Report)

We are a multi-talented, dynamic team of mining and blockchain network experts, technologists, entrepreneurs, and engineers from all walks of life. Our mission is centred on running green & efficient mining infrastructure that supports the continued growth, innovation, and function of the world’s top blockchain networks.

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