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Argo Blockchain Plc ADR (NASDAQ: ARBK) closed the day trading at $0.67 down -3.42% from the previous closing price of $0.69. In other words, the price has decreased by -$3.42 from its previous closing price. On the day, 8.04 million shares were traded. ARBK stock price reached its highest trading level at $0.75 during the session, while it also had its lowest trading level at $0.6403.
Barclays Downgraded its Overweight to Equal Weight on October 10, 2022, whereas the target price for the stock was revised from $7 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARBK now has a Market Capitalization of 49550912 and an Enterprise Value of 519089472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96. Its current Enterprise Value per Revenue stands at 21.59 whereas that against EBITDA is -90.026.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.67, which has changed by -0.36777252 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, ARBK has reached a high of $1.54, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 113.81%, while the 200-Day Moving Average is calculated to be 68.38%.
Shares Statistics:
Over the past 3-months, ARBK traded about 9.22M shares per day on average, while over the past 10 days, ARBK traded about 37396950 shares per day. A total of 71.72M shares are outstanding, with a floating share count of 71.50M. Shares short for ARBK as of 1757894400 were 953628 with a Short Ratio of 0.10, compared to 1755216000 on 1073031. Therefore, it implies a Short% of Shares Outstanding of 953628 and a Short% of Float of 1.3200001.
Earnings Estimates
The dynamic stock of Argo Blockchain Plc ADR (ARBK) is currently being evaluated by a team of 1.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Revenue Estimates
1 analysts predict $4.67M in revenue for. The current quarter. It ranges from a high estimate of $4.67M to a low estimate of $4.67M. As of. The current estimate, Argo Blockchain Plc ADR’s year-ago sales were $5.88MFor the next quarter, 1 analysts are estimating revenue of $4.01M. There is a high estimate of $4.01M for the next quarter, whereas the lowest estimate is $4.01M.
A total of 1 analysts have provided revenue estimates for ARBK’s current fiscal year. The highest revenue estimate was $13.28M, while the lowest revenue estimate was $13.28M, resulting in an average revenue estimate of $13.28M. In the same quarter a year ago, actual revenue was $35.36M
