Argo Blockchain (LON:ARB) Shares Up 8.2%

5 views 4:30 am 0 Comments February 16, 2024

Argo Blockchain plc (LON:ARB – Get Free Report)’s stock price traded up 8.2% during trading on Wednesday . The stock traded as high as GBX 23.50 ($0.30) and last traded at GBX 21.10 ($0.27). 21,508,868 shares were traded during trading, an increase of 76% from the average session volume of 12,215,018 shares. The stock had previously closed at GBX 19.50 ($0.25).

Argo Blockchain Price Performance

The company has a market capitalization of £121.78 million, a P/E ratio of -62.06 and a beta of 3.20. The firm’s fifty day moving average is GBX 18.14 and its 200 day moving average is GBX 12.11. The company has a debt-to-equity ratio of 1,380.67, a quick ratio of 0.19 and a current ratio of 0.59.

About Argo Blockchain

(Get Free Report)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.

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