Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Argo Blockchain Plc ADR (NASDAQ: ARBK) closed the day trading at $0.28 down -2.74% from the previous closing price of $0.29. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 0.88 million shares were traded. ARBK stock price reached its highest trading level at $0.2958 during the session, while it also had its lowest trading level at $0.2765.
Ratios:
For a better understanding of ARBK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.24.
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 20016528 and an Enterprise Value of 231700240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40. Its current Enterprise Value per Revenue stands at 4.928 whereas that against EBITDA is 3263.384.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.79, which has changed by -0.7925926 over the last 52 weeks, in comparison to a change of 0.14460516 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 -13.92%, while the 200-Day Moving Average is calculated to be -44.25%.
Shares Statistics:
Over the past 3-months, ARBK traded about 11.48M shares per day on average, while over the past 10 days, ARBK traded about 1037760 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 1753920000 were 1922088 with a Short Ratio of 0.17, compared to 1751241600 on 1621307. Therefore, it implies a Short% of Shares Outstanding of 1922088 and a Short% of Float of 2.69.
