Argo Blockchain (LON:ARB) Sets New 1-Year Low – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 2.75 ($0.04) and last traded at GBX 3.10 ($0.04), with a volume of 819151 shares trading hands. The stock had previously closed at GBX 3.10 ($0.04).

Argo Blockchain Stock Performance

The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53. The company has a market capitalization of £27.34 million, a price-to-earnings ratio of -0.38 and a beta of 3.39. The company has a 50-day moving average price of GBX 3.68 and a 200-day moving average price of GBX 6.15.

About Argo Blockchain

(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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