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DMG Blockchain Solutions (CVE:DMGI) Stock Price Up 13.4% - Time to Buy?

DMG Blockchain Solutions logo with Financial Services background

Key Points

  • DMG Blockchain Solutions' stock price surged by 13.4% during trading, reaching C$0.38, with a notable increase in trading volume.
  • The company has a market capitalization of C$75.20 million, with a P/E ratio of -4.63 and a high beta of 3.67.
  • DMG Blockchain Solutions operates as a blockchain and cryptocurrency company, providing services like transaction verification and data center optimization.
  • Five stocks we like better than DMG Blockchain Solutions.

DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report)'s stock price was up 13.4% during mid-day trading on Thursday . The stock traded as high as C$0.38 and last traded at C$0.38. Approximately 514,070 shares changed hands during mid-day trading, an increase of 65% from the average daily volume of 311,988 shares. The stock had previously closed at C$0.34.

DMG Blockchain Solutions Trading Down 2.7%

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 cap of C$73.17 million, a PE ratio of -4.50 and a beta of 3.67. The stock has a 50 day moving average price of C$0.29 and a 200 day moving average price of C$0.27.

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.

Further Reading

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