Argo Blockchain (LON:ARB) Hits New 1-Year Low – Here’s Why

Argo Blockchain plc (LON:ARBGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 2.75 ($0.04) and last traded at GBX 2.75 ($0.04), with a volume of 5242642 shares trading hands. The stock had previously closed at GBX 3.25 ($0.04).

Argo Blockchain Stock Performance

The company has a market capitalization of £25.67 million, a PE ratio of -0.36 and a beta of 3.39. The company has a debt-to-equity ratio of -201.53, a quick ratio of 0.19 and a current ratio of 0.52. The stock’s fifty day simple moving average is GBX 3.83 and its 200-day simple moving average is GBX 6.40.

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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