DMG Blockchain Solutions (CVE:DMGI) Trading Up 5.1% - Time to Buy?
DMG Blockchain Solutions Inc. (CVE:DMGI) saw its stock price rise by 5.1% on Monday, trading at C{{.Question}}.52. The trading volume was 452,803 shares, down 7% from the average. The company has a market cap of C.66 million, a PE ratio of -25.50, and operates in the blockchain and cryptocurrency sector in Canada. Analysts currently rate the stock as a "hold," suggesting there may be better investment options available.
DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report)'s stock price shot up 5.1% on Monday . The company traded as high as C$0.52 and last traded at C$0.52. 452,803 shares changed hands during trading, a decline of 7% from the average session volume of 489,272 shares. The stock had previously closed at C$0.50.
DMG Blockchain Solutions Price Performance
The company has a debt-to-equity ratio of 15.06, a quick ratio of 1.19 and a current ratio of 2.33. The stock's fifty day moving average price is C$0.48 and its 200-day moving average price is C$0.51. The firm has a market cap of C$88.66 million, a PE ratio of -25.50 and a beta of 4.96.
About DMG Blockchain Solutions
(Get Free Report)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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