Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Argo Blockchain Plc ADR’s stock clocked out at $0.59, down -4.01% from its previous closing price of $0.61. In other words, the price has decreased by -$4.01 from its previous closing price. On the day, 0.69 million shares were traded. ARBK stock price reached its highest trading level at $0.6394 during the session, while it also had its lowest trading level at $0.585.
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 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 41708788 and an Enterprise Value of 717709248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75. Its current Enterprise Value per Revenue stands at 12.858 whereas that against EBITDA is 94.324.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.98, which has changed by -0.686631 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, ARBK has reached a high of $2.92, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -31.67%, while the 200-Day Moving Average is calculated to be -50.94%.
Shares Statistics:
It appears that ARBK traded 1.16M shares on average per day over the past three months and 482040 shares per day over the past ten days. A total of 63.78M shares are outstanding, with a floating share count of 53.53M. Shares short for ARBK as of 1730332800 were 918345 with a Short Ratio of 1.24, compared to 1727654400 on 841793.
