During the recent session, Argo Blockchain Plc ADR (NASDAQ:ARBK)’s traded shares were 0.47 million, with the beta value of the company hitting 1.98. At the last check today, the stock’s price was $0.39, reflecting an intraday gain of 4.17% or $0.02. The 52-week high for the ARBK share is $2.48, that puts it down -535.9 from that peak though still a striking 23.08% gain since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $27.97M, and the average trade volume was 1.80 million shares over the past three months.
Argo Blockchain Plc ADR (ARBK) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.67. ARBK has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Argo Blockchain Plc ADR (NASDAQ:ARBK) trade information
Argo Blockchain Plc ADR (ARBK) registered a 4.17% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 4.17% in intraday trading to $0.39, hitting a weekly high. The stock’s 5-day price performance is -4.27%, and it has moved by -23.03% in 30 days. Based on these gigs, the overall price performance for the year is -78.21%.
The consensus price target of analysts on Wall Street is $1.25, which implies an increase of 68.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $8 respectively. As a result, ARBK is trading at a discount of -1951.28% off the target high and -156.41% off the low.
Argo Blockchain Plc ADR (ARBK) estimates and forecasts
In the rating firms’ projections, revenue will decrease -8.48% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.99M as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.79%. While earnings are projected to return -1014.29% in 2025.
ARBK Dividends
Argo Blockchain Plc ADR is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Argo Blockchain Plc ADR (NASDAQ:ARBK)’s Major holders
The next largest institutional holding, with 0.17 million shares, is of JANE STREET GROUP, LLC’s that is approximately 0.2871% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.18 million.
Also, the Mutual Funds coming in first place with the largest holdings of Argo Blockchain Plc ADR (ARBK) shares are Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF and Fidelity NASDAQ Composite Index Fund. Data provided on Dec 31, 2024 indicates that Valkyrie ETF Tr II-Valkyrie Bitcoin Miners ETF owns about 627.99 shares. This amounts to just over 0.88 percent of the company’s overall shares, with a $0.24 million market value. The same data shows that the other fund manager holds slightly less at 11.95, or about 0.02% of the stock, which is worth about $4581.0.
