In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Argo Blockchain Plc ADR (NASDAQ: ARBK) closed at $0.29 in the last session, down -5.59% from day before closing price of $0.31. In other words, the price has decreased by -$5.59 from its previous closing price. On the day, 1.42 million shares were traded. ARBK stock price reached its highest trading level at $0.3199 during the session, while it also had its lowest trading level at $0.283.
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 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:
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 20995908 and an Enterprise Value of 241494032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42. Its current Enterprise Value per Revenue stands at 5.136 whereas that against EBITDA is 3401.324.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.79, which has changed by -0.739823 over the last 52 weeks, in comparison to a change of 0.20277917 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 -17.70%, while the 200-Day Moving Average is calculated to be -48.71%.
Shares Statistics:
According to the various share statistics, ARBK traded on average about 11.33M shares per day over the past 3-months and 2946160 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 1752537600 were 2891525 with a Short Ratio of 0.26, compared to 1749772800 on 1654829. Therefore, it implies a Short% of Shares Outstanding of 2891525 and a Short% of Float of 4.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
