In the last trading session, 1.43 million Argo Blockchain Plc ADR (NASDAQ:ARBK) shares changed hands as the company’s beta touched 1.99. With the company’s per share price at $0.47 changed hands at $0.06 or 15.08% during last session, the market valuation stood at $33.44M. ARBK’s last price was a discount, traded about -323.4% off its 52-week high of $1.99. The share price had its 52-week low at $0.29, which suggests the last value was 38.3% up since then.
Analysts gave the Argo Blockchain Plc ADR (ARBK) stock a consensus recommendation rating of Hold, calculated at a mean rating of 4.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended ARBK as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Argo Blockchain Plc ADR’s EPS for the current quarter is expected to be 0.
Argo Blockchain Plc ADR (NASDAQ:ARBK) trade information
Instantly ARBK was in green as seen at the end of in last trading. With action 27.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -17.49%, with the 5-day performance at 27.69% in the green. However, in the 30-day time frame, Argo Blockchain Plc ADR (NASDAQ:ARBK) is 35.37% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.25, meaning bulls need an upside of 62.4% from its current market value. According to analyst projections, ARBK’s forecast low is 1 with 8 as the target high. To hit the forecast high, the stock’s price needs a -1602.13% plunge from its current level, while the stock would need to soar -112.77% for it to hit the projected low.
Argo Blockchain Plc ADR (ARBK) estimates and forecasts
Year-over-year growth is forecast to reach -87.66% down from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -88.81%.
ARBK Dividends
Argo Blockchain Plc ADR is expected to release its next quarterly earnings report in June.
JANE STREET GROUP, LLC holds the second largest percentage of outstanding shares, with 0.2871% or 0.17 million shares worth $0.18 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 627.99 shares estimated at $0.29 million under it, the former controlled 0.88% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.02% of the shares, roughly 11.95 shares worth around $5572.0.
