Argo Blockchain plc (NASDAQ:ARBK) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its holdings in Argo Blockchain plc (NASDAQ:ARBK) by 92.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,085 shares of the company’s stock after selling 900,329 shares during the period. Jane Street Group LLC owned approximately 0.11% of Argo Blockchain worth $43,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, PEAK6 LLC acquired a new position in shares of Argo Blockchain in the 4th quarter valued at $129,000. Institutional investors own 2.42% of the company’s stock.

Argo Blockchain Stock Up 0.8%

Shares of Argo Blockchain stock opened at $0.42 on Tuesday. Argo Blockchain plc has a 52 week low of $0.15 and a 52 week high of $1.99. The business’s fifty day simple moving average is $0.38 and its 200-day simple moving average is $0.50. The firm has a market cap of $30.41 million, a PE ratio of -0.59 and a beta of 1.92.

Argo Blockchain (NASDAQ:ARBK) last announced its quarterly earnings results on Thursday, May 22nd. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.01). As a group, equities analysts expect that Argo Blockchain plc will post -0.78 earnings per share for the current year.

About Argo Blockchain

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.