In the latest trading session,, 2.64 million Argo Blockchain Plc ADR (NASDAQ:ARBK) shares changed hands as the company’s beta touched 1.91. With the company’s most recent per share price at $0.2 changed hands at -$0.16 or -46.23% at last look, the market valuation stands at $14.03M. ARBK’s current price is a discount, trading about -895.0% off its 52-week high of $1.99. The share price had its 52-week low at $0.15, which suggests the last value was 25.0% up since then. When we look at Argo Blockchain Plc ADR’s average trading volume, we note the 10-day average is 0.2 million shares, with the 3-month average coming to 350.25K.
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 (NASDAQ:ARBK) trade information
Instantly ARBK was in red as seen in intraday trades today. With action -46.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -83.42%, with the 5-day performance at -46.10% in the red. However, in the 30-day time frame, Argo Blockchain Plc ADR (NASDAQ:ARBK) is -44.45% down. Looking at the short shares, we see there were 1.65 million shares sold at short interest cover period of 3.6 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.25, meaning bulls need an upside of 84.0% from its recent 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 -3900.0% plunge from its current level, while the stock would need to soar -400.0% for it to hit the projected low.
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 on 2024-Sep-08.
Argo Blockchain Plc ADR (NASDAQ:ARBK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.11% of Argo Blockchain Plc ADR shares while 2.40% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.41%. There are 2.40% institutions holding the Argo Blockchain Plc ADR stock share, with VIDENT ADVISORY, LLC the top institutional holder. As of 2024-06-30, the company held 3.046% of the shares, roughly 1.76 million ARBK shares worth $2.02 million.
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 Mar 31, 2025 were Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and -Grayscale Bitcoin Miners ETF . With 580.96 shares estimated at $0.11 million under it, the former controlled 0.81% of total outstanding shares. On the other hand, -Grayscale Bitcoin Miners ETF held about 0.04% of the shares, roughly 32.11 shares worth around $6040.0.
