Argo Blockchain Plc ADR [NASDAQ: ARBK] surged by $0.01 during the normal trading session on Wednesday and reaching a high of $0.271 during the day while it closed the day at $0.27.
Argo Blockchain Plc ADR stock has also gained 8.44% of its value over the past 7 days. However, ARBK stock has declined by -28.19% in the 3 months of the year. Over the past six months meanwhile, it has lost -32.59% and lost -76.84% year-on date.
The market cap for ARBK stock reached $19.44 million, with 71.72 million shares outstanding and 71.50 million shares in the current float. Compared to the average trading volume of 11.60M shares, ARBK reached a trading volume of 7292793 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 $0.62 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.
ARBK stock trade performance evaluation
Argo Blockchain Plc ADR [ARBK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.44. With this latest performance, ARBK shares dropped by -9.67% in over the last four-week period, additionally sinking by -32.59% over the last 6 months – not to mention a drop of -52.04% in the past year of trading.
Argo Blockchain Plc ADR [ARBK]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Argo Blockchain Plc ADR [ARBK] shares currently have an operating margin of -25.97% and a Gross Margin at 1.38%. Argo Blockchain Plc ADR’s Net Margin is presently recorded at -109.99%.
Argo Blockchain Plc ADR (ARBK) Capital Structure & Debt Analysis
Argo Blockchain Plc ADR (ARBK) Efficiency & Liquidity Metrics
Argo Blockchain Plc ADR (ARBK) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Argo Blockchain Plc ADR. (ARBK) effectively leverages its workforce, generating an average of -$3430625.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.24% and a Quick Ratio of 1.24%, indicating strong ability to cover short-term liabilities.
Argo Blockchain Plc ADR [ARBK]: Institutional Ownership
There are presently around $11.75%, or 11.76%% 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%.
