DMG Blockchain Solutions (CVE:DMGI) Trading Up 5.1% - Time to Buy?

DMG Blockchain Solutions Inc. (CVE:DMGI - Get Free Report)'s stock price shot up 5.1% on Monday . The company traded as high as C$0.52 and last traded at C$0.52. 452,803 shares changed hands during trading, a decline of 7% from the average session volume of 489,272 shares. The stock had previously closed at C$0.50.DMG Blockchain Solutions Price PerformanceThe company has a debt-to-equity ratio of 15.06, a quick ratio of 1.19 and a current ratio of 2.33. The stock's fifty day moving average price is C$0.48 and its 200-day moving average price is C$0.51. The firm has a market cap of C$88.66 million, a PE ratio of -25.50 and a beta of 4.96. 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.Recommended StoriesFive stocks we like better than DMG Blockchain SolutionsThe Significance of a Trillion-Dollar Market Cap Goes Beyond a NumberAnalysts Predict New Highs for Cybersecurity Stock by ChristmasWhat is the Nikkei 225 index? Nuclear Power Reaches Critical Mass: Top Stocks to Watch NowHow is Compound Interest Calculated?2 Energy Stocks Surging on Billion-Dollar DOE Loan CommitmentsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ 2024's Must-Watch Stocks! (From Darwin) (Ad)Should you invest $1,000 in DMG Blockchain Solutions right now?Before you consider DMG Blockchain Solutions, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DMG Blockchain Solutions wasn't on the list.While DMG Blockchain Solutions currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here