Argo Blockchain Plc ADR [NASDAQ: ARBK] closed the trading session at $0.50.
The stocks have a year to date performance of -11.63 percent and weekly performance of -0.16 percent. The stock has been moved at -65.33 percent over the last six months. The stock has performed -18.15 percent around the most recent 30 days and changed -59.73 percent over the most recent 3-months.
If compared to the average trading volume of 1.16M shares, ARBK reached to a volume of 5508164 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Argo Blockchain Plc ADR [ARBK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARBK shares is $0.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARBK stock is a recommendation set at 4.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Argo Blockchain Plc ADR shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 08, 2025. The new note on the price target was released on April 26, 2024, representing the official price target for Argo Blockchain Plc ADR stock. Previously, the target price had yet another drop from $7 to $3, while Barclays kept a Equal Weight rating on ARBK stock.
The Average True Range (ATR) for Argo Blockchain Plc ADR is set at 0.07, with the Price to Sales ratio for ARBK stock in the period of the last 12 months amounting to 0.64.
ARBK stock trade performance evaluation
Argo Blockchain Plc ADR [ARBK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.16. With this latest performance, ARBK shares dropped by -18.15% in over the last four-week period, additionally sinking by -65.33% over the last 6 months – not to mention a drop of -79.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARBK stock in for the last two-week period is set at 36.90, with the RSI for the last a single of trading hit 37.87, and the three-weeks RSI is set at 37.46 for Argo Blockchain Plc ADR [ARBK]. The present Moving Average for the last 50 days of trading for this stock 0.7360, while it was recorded at 0.4799 for the last single week of trading, and 1.1516 for the last 200 days.
Argo Blockchain Plc ADR [ARBK]: An insightful look at the core fundamentals
Argo Blockchain Plc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.52 and a Current Ratio set at 0.52.
Argo Blockchain Plc ADR [ARBK]: Institutional Ownership
There are presently around $4.40%, or 4.40%% of ARBK stock, in the hands of institutional investors. The top three institutional holders of ARBK stocks are: VIDENT ADVISORY, LLC with ownership of 1.76 million shares, which is approximately 3.046%. JANE STREET GROUP, LLC, holding 0.17 million shares of the stock with an approximate value of $$0.18 million in ARBK stocks shares; and JANE STREET GROUP, LLC, currently with $$0.1 million in ARBK stock with ownership which is approximately 0.1528%.
