Argo Blockchain (OTCMKTS:ARBKF) Shares Up 7.1% – Time to Buy?

Shares of Argo Blockchain plc (OTCMKTS:ARBKFGet Free Report) rose 7.1% during mid-day trading on Wednesday . The stock traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 185,828 shares traded hands during trading, an increase of 178% from the average daily volume of 66,744 shares. The stock had previously closed at GBX 0.12 ($0.00).

Argo Blockchain Price Performance

The stock has a 50-day simple moving average of GBX 0.12 and a 200 day simple moving average of GBX 0.13. The company has a market cap of £595,529.55 and a PE ratio of 0.06. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16.

Argo Blockchain Company Profile

(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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