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.
In the latest session, Argo Blockchain Plc ADR (NASDAQ: ARBK) closed at $0.36 down -2.22% from its previous closing price of $0.37. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 0.66 million shares were traded.
Ratios:
For a deeper understanding of Argo Blockchain Plc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.24.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51.
Stock Price History:
Over the past 52 weeks, ARBK has reached a high of $1.99, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -5.09%, while the 200-Day Moving Average is calculated to be -56.19%.
Shares Statistics:
A total of 71.72M shares are outstanding, with a floating share count of 71.50M.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ARBK’s current fiscal year. The highest revenue estimate was $4.36M, while the lowest revenue estimate was $4.36M, resulting in an average revenue estimate of $4.36M. In the same quarter a year ago, actual revenue was $35.36M
