Argo Blockchain Plc ADR (ARBK): Street Finally Waking Up

Currently, there are 71.72M common shares owned by the public and among those 71.50M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

The company’s stock has a 5-day price change of -23.97% and -67.72% over the past three months. ARBK shares are trading -39.43% year to date (YTD), with the 12-month market performance down to -86.20% lower. It has a 12-month low price of $0.41 and touched a high of $2.59 over the same period. ARBK has an average intraday trading volume of 838.36K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -26.95%, -36.68%, and -67.43% respectively.

Institutional ownership of Argo Blockchain Plc ADR (NASDAQ: ARBK) shares accounts for 2.07% of the company’s 71.72M shares outstanding.

It has a market capitalization of $24.54M and a beta (3y monthly) value of 2.00. The earnings-per-share (ttm) stands at -$0.84. Price movements for the stock have been influenced by the stock’s volatility, which stands at 30.55% over the week and 15.13% over the month.

Analysts forecast that Argo Blockchain Plc ADR (ARBK) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to decrease by -1014.29%, and 71.67% over the next financial year.

Barclays was of a view on October 10, 2022 that the stock is Equal Weight, while Stifel gave the stock Hold rating on March 25, 2022, issuing a price target of $11. ROTH Capital on their part issued Buy rating on November 01, 2021.

Most Popular

Related Posts