Argo Blockchain (LON:ARB) Trading Up 11.7% – Here’s Why

Argo Blockchain plc (LON:ARBGet Free Report) shares were up 11.7% during trading on Friday . The stock traded as high as GBX 1.90 ($0.03) and last traded at GBX 1.90 ($0.03). Approximately 730,560 shares were traded during trading, a decline of 79% from the average daily volume of 3,405,563 shares. The stock had previously closed at GBX 1.70 ($0.02).

Argo Blockchain Price Performance

The company’s fifty day moving average is GBX 2.19 and its 200 day moving average is GBX 2.61. The firm has a market cap of £13.58 million, a price-to-earnings ratio of -21.11 and a beta of 3.39. The company has a quick ratio of 0.19, a current ratio of 0.52 and a debt-to-equity ratio of -201.53.

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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