For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Argo Blockchain Plc ADR (NASDAQ: ARBK) closed at $0.41 in the last session, down -1.51% from day before closing price of $0.41. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 0.6 million shares were traded. ARBK stock price reached its highest trading level at $0.41 during the session, while it also had its lowest trading level at $0.36.
Ratios:
We take a closer look at ARBK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.52.
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 31595308 and an Enterprise Value of 263937072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 4.992 whereas that against EBITDA is 52.327.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.90, which has changed by -0.73 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, ARBK has reached a high of $2.48, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -17.83%, while the 200-Day Moving Average is calculated to be -59.49%.
Shares Statistics:
According to the various share statistics, ARBK traded on average about 1.81M shares per day over the past 3-months and 1410910 shares per day over the past 10 days. A total of 71.72M shares are outstanding, with a floating share count of 71.50M. Shares short for ARBK as of 1740700800 were 1666880 with a Short Ratio of 0.92, compared to 1738281600 on 2276852. Therefore, it implies a Short% of Shares Outstanding of 1666880 and a Short% of Float of 2.6199998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
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
According to 1 analysts, the current quarter’s revenue is expected to be $7.99M. It ranges from a high estimate of $7.99M to a low estimate of $7.99M. As of the current estimate, Argo Blockchain Plc ADR’s year-ago sales were $12.93M
A total of 1 analysts have provided revenue estimates for ARBK’s current fiscal year. The highest revenue estimate was $37.03M, while the lowest revenue estimate was $37.03M, resulting in an average revenue estimate of $37.03M. In the same quarter a year ago, actual revenue was $40.46MBased on 1 analysts’ estimates, the company’s revenue will be $4.36M in the next fiscal year. The high estimate is $4.36M and the low estimate is $4.36M.
