DMG Blockchain Solutions (CVE:DMGI) Stock Price Down 7.6% – What’s Next?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report)’s share price was down 7.6% during trading on Monday . The stock traded as low as C$0.30 and last traded at C$0.31. Approximately 193,086 shares were traded during trading, a decline of 75% from the average daily volume of 764,377 shares. The stock had previously closed at C$0.33.

DMG Blockchain Solutions Stock Down 7.6%

The company’s 50 day simple moving average is C$0.28 and its 200-day simple moving average is C$0.34. The company has a current ratio of 2.17, a quick ratio of 1.19 and a debt-to-equity ratio of 16.56. The firm has a market cap of C$62.57 million, a P/E ratio of -6.10 and a beta of 4.30.

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. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering.

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