NASDAQ:ARBK

Argo Blockchain (ARBK) Stock Price, News & Analysis

$1.36
-0.03 (-2.16%)
(As of 05/3/2024 ET)
Today's Range
$1.34
$1.45
50-Day Range
$1.34
$2.64
52-Week Range
$0.92
$4.45
Volume
135,631 shs
Average Volume
245,594 shs
Market Capitalization
$78.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.23

Argo Blockchain MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
64.2% Upside
$2.23 Price Target
Short Interest
Healthy
1.19% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.53) to ($0.32) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.27 out of 5 stars

Finance Sector

4707th out of 5,270 stocks

Nondepository Credit Institutions Industry

247th out of 294 stocks

ARBK stock logo

About Argo Blockchain Stock (NASDAQ:ARBK)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.

ARBK Stock Price History

ARBK Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
H.C. Wainwright Reaffirms Their Buy Rating on Argo Blockchain (ARBK)
Preview: Argo Blockchain's Earnings
Argo Blockchain's Share Sale: The $7.5M Power Play In Crypto Mining
Argo Blockchain PLC Announces PrimaryBid Offer
Argo Blockchain Plc (NASDAQ: ARBK)
See More Headlines
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Company Calendar

Last Earnings
6/13/2023
Today
5/04/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:ARBK
Fax
N/A
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.23
High Stock Price Target
$2.75
Low Stock Price Target
$1.45
Potential Upside/Downside
+64.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$50.56 million

Miscellaneous

Free Float
57,762,000
Market Cap
$78.55 million
Optionable
Optionable
Beta
2.01
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Key Executives

  • Mr. Thomas Joseph Chippas (Age 53)
    CEO & Director
  • Mr. James Mckenzie MacCallum C.A. (Age 54)
    C.F.A., CPA, Chief Financial Officer
  • Jean Esquier
    VP of Technology & Development
  • Mr. Tom Divine
    Vice President of Investor Relations and FP&A
  • Ms. Alana Marks
    Vice President of People & Culture
  • Mr. Sebastien Chalus
    Chief Strategy Officer

ARBK Stock Analysis - Frequently Asked Questions

Should I buy or sell Argo Blockchain stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ARBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARBK, but not buy additional shares or sell existing shares.
View ARBK analyst ratings
or view top-rated stocks.

What is Argo Blockchain's stock price target for 2024?

3 brokers have issued 12-month target prices for Argo Blockchain's stock. Their ARBK share price targets range from $1.45 to $2.75. On average, they predict the company's stock price to reach $2.23 in the next twelve months. This suggests a possible upside of 64.2% from the stock's current price.
View analysts price targets for ARBK
or view top-rated stocks among Wall Street analysts.

How have ARBK shares performed in 2024?

Argo Blockchain's stock was trading at $3.74 at the beginning of the year. Since then, ARBK shares have decreased by 63.6% and is now trading at $1.36.
View the best growth stocks for 2024 here
.

Are investors shorting Argo Blockchain?

Argo Blockchain saw a increase in short interest in April. As of April 15th, there was short interest totaling 686,500 shares, an increase of 56.3% from the March 31st total of 439,200 shares. Based on an average daily volume of 648,100 shares, the short-interest ratio is currently 1.1 days.
View Argo Blockchain's Short Interest
.

When is Argo Blockchain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our ARBK earnings forecast
.

How were Argo Blockchain's earnings last quarter?

Argo Blockchain plc (NASDAQ:ARBK) issued its earnings results on Tuesday, June, 13th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.10. The company earned $11.44 million during the quarter, compared to the consensus estimate of $10.81 million.

When did Argo Blockchain IPO?

Argo Blockchain (ARBK) raised $112 million in an initial public offering (IPO) on Thursday, September 23rd 2021. The company issued 7,500,000 shares at a price of $15.00 per share.

Who are Argo Blockchain's major shareholders?

Argo Blockchain's stock is owned by a number of retail and institutional investors. Top institutional investors include Catalina Capital Group LLC (0.02%).

How do I buy shares of Argo Blockchain?

Shares of ARBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARBK) was last updated on 5/4/2024 by MarketBeat.com Staff

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