Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Argo Blockchain Plc ADR’s stock clocked out at $0.39, down -2.93% from its previous closing price of $0.4. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 4.04 million shares were traded. ARBK stock price reached its highest trading level at $0.44 during the session, while it also had its lowest trading level at $0.38.
Ratios:
To gain a deeper understanding of ARBK’s stock, we examine its different 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:
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 32831792 and an Enterprise Value of 311265920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 6.62 whereas that against EBITDA is 4384.027.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.79, which has changed by -0.75408804 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, ARBK has reached a high of $1.99, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 5.88%, while the 200-Day Moving Average is calculated to be -35.28%.
Shares Statistics:
It appears that ARBK traded 11.26M shares on average per day over the past three months and 15911890 shares per day over the past ten days. A total of 71.72M shares are outstanding, with a floating share count of 71.50M. Shares short for ARBK as of 1751241600 were 1621307 with a Short Ratio of 0.14, compared to 1748563200 on 1998080. Therefore, it implies a Short% of Shares Outstanding of 1621307 and a Short% of Float of 2.27.
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.
