DMG Blockchain Solutions (CVE:DMGI) Shares Down 3.7%

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) traded down 3.7% during mid-day trading on Wednesday . The stock traded as low as C$0.52 and last traded at C$0.52. 59,650 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 642,271 shares. The stock had previously closed at C$0.54.

DMG Blockchain Solutions Price Performance

The company has a 50 day moving average of C$0.53 and a 200 day moving average of C$0.56. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.19 and a current ratio of 5.60. The stock has a market capitalization of C$86.12 million, a price-to-earnings ratio of -27.00 and a beta of 5.05.

About DMG Blockchain Solutions

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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.

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