DMG Blockchain Solutions (CVE:DMGI) Hits New 12-Month Low – Here’s Why

Shares of DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.22 and last traded at C$0.22, with a volume of 1586224 shares. The stock had previously closed at C$0.26.

DMG Blockchain Solutions Stock Performance

The firm has a market capitalization of C$50.00 million, a PE ratio of -7.95 and a beta of 4.96. 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 business’s fifty day simple moving average is C$0.30 and its 200-day simple moving average is C$0.40.

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.

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