The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Argo Blockchain Plc ADR (NASDAQ: ARBK) closed the day trading at $0.3 down -10.79% from the previous closing price of $0.34. In other words, the price has decreased by -$10.79 from its previous closing price. On the day, 0.9 million shares were traded. ARBK stock price reached its highest trading level at $0.325 during the session, while it also had its lowest trading level at $0.3001.
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 21626964 and an Enterprise Value of 254785344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43. Its current Enterprise Value per Revenue stands at 10.597 whereas that against EBITDA is -44.188.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.82, which has changed by -0.74736845 over the last 52 weeks, in comparison to a change of 0.14151978 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 -22.21%, while the 200-Day Moving Average is calculated to be -20.64%.
Shares Statistics:
Over the past 3-months, ARBK traded about 7.49M shares per day on average, while over the past 10 days, ARBK traded about 2403750 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 1761868800 were 1992850 with a Short Ratio of 0.25, compared to 1759190400 on 1321142. Therefore, it implies a Short% of Shares Outstanding of 1992850 and a Short% of Float of 2.77.
Earnings Estimates
A detailed examination of Argo Blockchain Plc ADR (ARBK) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.15 and -$0.15 for the fiscal current year, implying an average EPS of -$0.15.
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
