DMG Blockchain Solutions (CVE:DMGI) Sets New 12-Month Low – Should You Sell?

Shares of DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.22 and last traded at C$0.22, with a volume of 1586224 shares. The stock had previously closed at C$0.26.

DMG Blockchain Solutions Price Performance

The stock’s 50-day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.40. The company has a market capitalization of C$44.00 million, a price-to-earnings ratio of -7.00 and a beta of 4.96. The company has a quick ratio of 1.19, a current ratio of 2.17 and a debt-to-equity ratio of 16.56.

DMG Blockchain Solutions Company Profile

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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.

Further Reading

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