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

DMG Blockchain Solutions Inc. (CVE:DMGI)’s stock price was down 7.6% during mid-day trading on Monday . The company traded as low as C$0.31 and last traded at C$0.31. Approximately 113,319 shares were traded during trading, a decline of 85% from the average daily volume of 753,406 shares. The stock had previously closed at C$0.33.

DMG Blockchain Solutions Stock Down 2.3%

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 stock has a market cap of C$60.11 million, a price-to-earnings ratio of -5.86 and a beta of 4.30. The business’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.34.

DMG Blockchain Solutions Company Profile

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.