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After finishing at $1.10 in the prior trading day, Argo Blockchain Plc ADR (NASDAQ: ARBK) closed at $1.12, up 1.82%. In other words, the price has increased by $1.82 from its previous closing price. On the day, 0.94 million shares were traded. ARBK stock price reached its highest trading level at $1.17 during the session, while it also had its lowest trading level at $1.09.
Ratios:
Our goal is to gain a better understanding of ARBK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.52.
On October 10, 2022, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $7 to $3.
On March 25, 2022, Stifel started tracking the stock assigning a Hold rating and target price of $11.Stifel initiated its Hold rating on March 25, 2022, with a $11 target price.
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 71271424 and an Enterprise Value of 717709248. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28. Its current Enterprise Value per Revenue stands at 12.858 whereas that against EBITDA is 94.324.
Stock Price History:
Over the past 52 weeks, ARBK has reached a high of $4.45, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be -20.12%.
Shares Statistics:
The stock has traded on average 749.50K shares per day over the past 3-months and 1410320 shares per day over the last 10 days, according to various share statistics. A total of 53.70M shares are outstanding, with a floating share count of 53.53M. Shares short for ARBK as of 1730332800 were 918345 with a Short Ratio of 1.49, compared to 1727654400 on 841793.
