Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Argo Blockchain Plc ADR (NASDAQ: ARBK) was $3.75 for the day, down -6.48% from the previous closing price of $4.01. In other words, the price has decreased by -$6.48 from its previous closing price. On the day, 0.12 million shares were traded. ARBK stock price reached its highest trading level at $3.9363 during the session, while it also had its lowest trading level at $3.5739.
Ratios:
Our analysis of ARBK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74.
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 1251142 and an Enterprise Value of 2739992576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 113.962 whereas that against EBITDA is -475.198.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.86, which has changed by -0.972083 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, ARBK has reached a high of $205.20, while it has fallen to a 52-week low of $3.90. The 50-Day Moving Average of the stock is -93.42%, while the 200-Day Moving Average is calculated to be -94.80%.
Shares Statistics:
ARBK traded an average of 120.40K shares per day over the past three months and 540737 shares per day over the past ten days. Shares short for ARBK as of 1764288000 were 5763 with a Short Ratio of 4.06, compared to 1761868800 on 9226. Therefore, it implies a Short% of Shares Outstanding of 5763 and a Short% of Float of 0.01.
Earnings Estimates
. The current rating of Argo Blockchain Plc ADR (ARBK) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$6.48, with high estimates of -$6.48 and low estimates of -$6.48.
Analysts are recommending an EPS of between -$32.4 and -$32.4 for the fiscal current year, implying an average EPS of -$32.4.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. 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
