Argo Blockchain Plc ADR (NASDAQ:ARBK) traded at $0.31 at close of the session on Tuesday, July 15 and made a downward move of -5.13% on its previous day’s price.
Looking at the stock we see that its previous close was $0.33 and the beta (5Y monthly) reads 3.327 with the day’s price range being $0.298 – $0.3295. In terms of its 52-week price range, ARBK has a high of $1.99 and a low of $0.15. The company’s stock has lost about -17.87% over that past 30 days.
Argo Blockchain Plc ADR has a market cap of $22.15 million and is expected to release its quarterly earnings report on 2024-Sep-08.
On the other hand, looking at the outlook for the ARBK stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 4 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Argo Blockchain Plc ADR (ARBK) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -4.15% off its SMA20 and -16.50% from its 50-day simple moving average. The RSI (14) is pointing at 47.37 while the volatility over the past week is 17.87% and jumps to 19.17% over the past one month. The average price target for the stock over the next 12 months is $1.25, with the estimates having a low of $1 and a high of $8. These price ends are -222.58% and -2480.65% off the current price level respectively, although investors could be excited at the prospect of a -303.23% if the ARBK share price touches on the median price of $1.25.
Coming back to Argo Blockchain Plc ADR (NASDAQ:ARBK), we note that the average 3-month trading volume was 9.84 million, while that of the preceding 10-day period stands at 58.14 million. Current shares outstanding are 71.72 million.
