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.
Argo Blockchain Plc ADR (NASDAQ: ARBK) closed the day trading at $0.34 down -10.02% from the previous closing price of $0.38. In other words, the price has decreased by -$10.02 from its previous closing price. On the day, 3.36 million shares were traded. ARBK stock price reached its highest trading level at $0.3747 during the session, while it also had its lowest trading level at $0.326.
Ratios:
For a better understanding of ARBK, let’s look at 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 26378132 and an Enterprise Value of 276665920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 5.884 whereas that against EBITDA is 3896.703.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.87, which has changed by -0.7908537 over the last 52 weeks, in comparison to a change of 0.16932249 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 -7.21%, while the 200-Day Moving Average is calculated to be -42.14%.
Shares Statistics:
Over the past 3-months, ARBK traded about 11.38M shares per day on average, while over the past 10 days, ARBK traded about 12551650 shares per day. 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 0.25, 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
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.
