Argo Blockchain (LON:ARB) Trading Down 11% – Time to Sell?

Argo Blockchain plc (LON:ARBGet Free Report)’s share price traded down 11% on Friday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.56 ($0.03). 1,783,510 shares changed hands during trading, a decline of 6% from the average session volume of 1,888,203 shares. The stock had previously closed at GBX 2.88 ($0.04).

Argo Blockchain Stock Down 5.6%

The company’s 50 day moving average price is GBX 2.77 and its two-hundred day moving average price is GBX 3.71. The company has a current ratio of 0.52, a quick ratio of 0.19 and a debt-to-equity ratio of -201.53. The firm has a market cap of £23.93 million, a PE ratio of -0.33 and a beta of 3.39.

Argo Blockchain Company Profile

(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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