DMG Blockchain Solutions (CVE:DMGI) Trading 6.3% Higher – Should You Buy?

by · The Markets Daily

DMG Blockchain Solutions Inc. (CVE:DMGI – Get Free Report) was up 6.3% during trading on Friday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 864,803 shares traded hands during trading, an increase of 77% from the average daily volume of 488,265 shares. The stock had previously closed at C$0.24.

DMG Blockchain Solutions Trading Up 6.3%

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 stock has a market cap of C$51.83 million, a P/E ratio of -3.19 and a beta of 4.65. The company has a 50-day simple moving average of C$0.38 and a 200-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. 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.

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