Argo Blockchain (LON:ARB) Shares Down 4.2% – Here’s What Happened

Argo Blockchain plc (LON:ARBGet Free Report)’s share price traded down 4.2% during mid-day trading on Saturday . The company traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.71 ($0.05). 4,601,572 shares traded hands during mid-day trading, an increase of 119% from the average session volume of 2,099,775 shares. The stock had previously closed at GBX 3.88 ($0.05).

Argo Blockchain Stock Down 4.2 %

The company has a market cap of £32.75 million, a PE ratio of -0.45 and a beta of 3.39. The stock’s 50 day moving average price is GBX 4.28 and its 200-day moving average price is GBX 7.09. The company has a debt-to-equity ratio of -201.53, a quick ratio of 0.19 and a current ratio of 0.52.

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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