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DMG Blockchain Solutions (CVE:DMGI) Hits New 1-Year High - What's Next?

DMG Blockchain Solutions logo with Financial Services background

Key Points

  • DMG Blockchain Solutions Inc. reached a new 52-week high, trading at C$0.63 during the day and closing at C$0.56 with a volume of over 1.5 million shares.
  • The stock has a market capitalization of C$113.82 million, a negative price-to-earnings ratio of -7.00, and a beta of 4.26, indicating high volatility.
  • DMG Blockchain Solutions operates in the blockchain and cryptocurrency sector, offering services such as transaction verification, co-location hosting, and data center optimization.
  • Five stocks to consider instead of DMG Blockchain Solutions.

Shares of DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.63 and last traded at C$0.56, with a volume of 1571260 shares. The stock had previously closed at C$0.62.

DMG Blockchain Solutions Stock Performance

The stock's 50 day moving average price is C$0.35 and its 200 day moving average price is C$0.29. The company has a current ratio of 2.17, a quick ratio of 1.19 and a debt-to-equity ratio of 16.56. The company has a market capitalization of C$113.82 million, a price-to-earnings ratio of -7.00 and a beta of 4.26.

About DMG Blockchain Solutions

(Get Free Report)

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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