DMG Blockchain Solutions (CVE:DMGI) Stock Price Down 3.1% – Time to Sell?

Shares of DMG Blockchain Solutions Inc. (CVE:DMGI) fell 3.1% on Tuesday . The company traded as low as C$0.31 and last traded at C$0.32. 206,750 shares were traded 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 Trading Down 3.1 %

The company’s fifty day moving average is C$0.36 and its two-hundred day moving average is C$0.44. The company has a quick ratio of 1.19, a current ratio of 2.17 and a debt-to-equity ratio of 16.56. The stock has a market cap of C$62.99 million, a price-to-earnings ratio of -10.02 and a beta of 4.96.

Insider Buying and Selling at DMG Blockchain Solutions

In other DMG Blockchain Solutions news, Director Sheldon Norman Bennett bought 99,461 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were acquired at an average price of C$0.41 per share, with a total value of C$40,281.71. In the last three months, insiders have bought 133,066 shares of company stock valued at $51,702. Insiders own 2.55% of the company’s stock.

About DMG Blockchain Solutions

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.