Argo Blockchain (LON:ARB) Reaches New 1-Year Low – What’s Next?

Argo Blockchain plc (LON:ARBGet Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 3 ($0.04) and last traded at GBX 3.30 ($0.04), with a volume of 4965944 shares changing hands. The stock had previously closed at GBX 3.34 ($0.04).

Argo Blockchain Trading Up 1.1 %

The company has a current ratio of 0.52, a quick ratio of 0.19 and a debt-to-equity ratio of -201.53. The company has a market cap of £30.10 million, a PE ratio of -0.42 and a beta of 3.39. The business’s 50-day simple moving average is GBX 4.08 and its 200-day simple moving average is GBX 6.78.

Argo Blockchain Company Profile

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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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