DMG Blockchain Solutions (CVE:DMGI) Stock Price Up 5.4% – What’s Next?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) shares were up 5.4% during trading on Thursday . The company traded as high as C$0.30 and last traded at C$0.30. Approximately 101,267 shares changed hands during trading, a decline of 79% from the average daily volume of 476,762 shares. The stock had previously closed at C$0.28.

DMG Blockchain Solutions Price Performance

The company has a quick ratio of 1.19, a current ratio of 2.17 and a debt-to-equity ratio of 16.56. The company has a market cap of C$61.99 million, a price-to-earnings ratio of -3.81 and a beta of 4.43. The company has a fifty day simple moving average of C$0.44 and a two-hundred day simple moving average of C$0.33.

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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