DMG Blockchain Solutions (CVE:DMGI) Trading Down 3.2% – What’s Next?

DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report)’s share price fell 3.2% during trading on Wednesday . The stock traded as low as C$0.39 and last traded at C$0.40. 164,215 shares were traded during trading, a decline of 63% from the average session volume of 447,650 shares. The stock had previously closed at C$0.41.

DMG Blockchain Solutions Trading Down 6.9%

The company has a debt-to-equity ratio of 16.56, a quick ratio of 1.19 and a current ratio of 2.17. The firm has a market cap of C$77.23 million, a PE ratio of -4.75 and a beta of 4.43. The stock has a 50-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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