DMG Blockchain Solutions (CVE:DMGI) Shares Down 1.1%



DMG Blockchain Solutions Inc. (CVE:DMGIGet Free Report) fell 1.1% during trading on Thursday . The company traded as low as C$0.46 and last traded at C$0.46. 148,526 shares traded hands during trading, a decline of 81% from the average session volume of 776,636 shares. The stock had previously closed at C$0.47.

DMG Blockchain Solutions Price Performance

The company has a 50-day moving average of C$0.53 and a two-hundred day moving average of C$0.51. The company has a debt-to-equity ratio of 1.69, a current ratio of 5.60 and a quick ratio of 1.19. The stock has a market capitalization of C$77.68 million, a PE ratio of -23.00 and a beta of 5.05.

Insiders Place Their Bets

In other DMG Blockchain Solutions news, Senior Officer Adrian Glover sold 117,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of C$0.58, for a total value of C$67,860.00. 2.74% of the stock is owned by insiders.

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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