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Argo Blockchain Plc ADR (NASDAQ: ARBK) closed the day trading at $1.12 down -5.88% from the previous closing price of $1.19. In other words, the price has decreased by -$5.88 from its previous closing price. On the day, 0.57 million shares were traded. ARBK stock price reached its highest trading level at $1.18 during the session, while it also had its lowest trading level at $1.09.
Ratios:
For a better understanding of ARBK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
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 688789376. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13. Its current Enterprise Value per Revenue stands at 12.34 whereas that against EBITDA is 90.523.
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 $0.97. The 50-Day Moving Average of the stock is -6.10%, while the 200-Day Moving Average is calculated to be -26.73%.
Shares Statistics:
Over the past 3-months, ARBK traded about 380.14K shares per day on average, while over the past 10 days, ARBK traded about 403150 shares per day. A total of 53.70M shares are outstanding, with a floating share count of 53.53M. Shares short for ARBK as of 1727654400 were 841793 with a Short Ratio of 2.21, compared to 1724976000 on 787028.
