Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $0.44 in the prior trading day, Argo Blockchain Plc ADR (NASDAQ: ARBK) closed at $0.37, down -15.82%. In other words, the price has decreased by -$15.82 from its previous closing price. On the day, 0.57 million shares were traded. ARBK stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.3507.
Ratios:
Our goal is to gain a better understanding of ARBK by taking a closer look at 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 28595092 and an Enterprise Value of 244801200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48. Its current Enterprise Value per Revenue stands at 4.63 whereas that against EBITDA is 48.533.
Stock Price History:
The Beta on a monthly basis for ARBK is 1.95, which has changed by -0.7330935 over the last 52 weeks, in comparison to a change of 0.09969199 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 $0.29. The 50-Day Moving Average of the stock is -3.69%, while the 200-Day Moving Average is calculated to be -56.93%.
Shares Statistics:
The stock has traded on average 1.63M shares per day over the past 3-months and 327250 shares per day over the last 10 days, according to various share statistics. A total of 71.72M shares are outstanding, with a floating share count of 71.50M. Shares short for ARBK as of 1744675200 were 2131060 with a Short Ratio of 1.31, compared to 1741910400 on 2984173. Therefore, it implies a Short% of Shares Outstanding of 2131060 and a Short% of Float of 3.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
