DMG Blockchain Solutions Inc. (CVE:DMGI – Get Free Report)’s share price hit a new 52-week low on Friday . The company traded as low as C$0.34 and last traded at C$0.36, with a volume of 384569 shares traded. The stock had previously closed at C$0.36.
DMG Blockchain Solutions Stock 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 firm has a market capitalization of C$59.68 million, a PE ratio of -25.50 and a beta of 4.96. The firm’s 50 day moving average price is C$0.44 and its 200-day moving average price is C$0.48.
Insiders Place Their Bets
In other news, Director Sheldon Norman Bennett acquired 99,461 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were bought at an average cost of C$0.41 per share, for a total transaction of C$40,281.71. 2.55% of the stock is currently owned by company insiders.
About DMG Blockchain Solutions
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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