DMG Blockchain Solutions (CVE:DMGI) Shares Up 5.8% - Here's What Happened

Key Points

• DMG Blockchain Solutions Inc. shares rose by 5.8% to C$0.28, with trading volume increasing 22% compared to its average session.
• The company has a market cap of C$55.89 million, a P/E ratio of -3.44, and shows high volatility with a beta of 3.67.
• DMG operates within the blockchain and cryptocurrency sector, providing services such as transaction verification and infrastructure consulting.

DMG Blockchain Solutions Inc. (CVE:DMGI - ) traded up 5.8% on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.28. 368,419 shares were traded during mid-day trading, an increase of 22% from the average session volume of 302,363 shares. The stock had previously closed at C$0.26.

DMG Blockchain Solutions Stock Performance

The company's 50-day simple moving average is C$0.28 and its 200 day simple moving average is C$0.27. 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 stock has a market cap of C$55.89 million, a P/E ratio of -3.44 and a beta of 3.67.

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.

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