DMG Blockchain Solutions (CVE:DMGI) Shares Up 4.1% – Still a Buy?

DMG Blockchain Solutions Inc. (CVE:DMGI)’s share price traded up 4.1% on Tuesday . The company traded as high as C$0.26 and last traded at C$0.26. 389,052 shares traded hands during trading, a decline of 34% from the average session volume of 592,278 shares. The stock had previously closed at C$0.25.

DMG Blockchain Solutions Price Performance

The company’s 50-day simple moving average is C$0.27 and its 200 day simple moving average is C$0.33. The stock has a market capitalization of C$52.31 million, a price-to-earnings ratio of -5.10 and a beta of 2.47. The company has a quick ratio of 1.19, a current ratio of 2.17 and a debt-to-equity ratio of 16.56.

About DMG Blockchain Solutions

DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering.