Argo Blockchain Plc ADR (NASDAQ:ARBK) currently has a daily average trading volume of 866.95K but it saw 2882507 shares traded in last market. With a market cap of 43.18M USD, the company’s current market price of $0.68 came falling about -16.88 while comparing to the previous closing price of $0.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.45 and as low as $0.73. In the recent trading on the day, stock has struck highest price mark of $0.662 while lowest mark touched by it was $0.8.
Taking a look at 20-day trading activity of Argo Blockchain Plc ADR (ARBK) gives us an average price of $1.1356, while its current price level is -84.79% below from 52-week high level whereas it is -7.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1562 while that of 200 days or SMA-200 reads an average of $1.3772. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.40% during that period while stretching the period over a month that decreases to 12.89%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.63 which implies that the stock is in oversold territory.
Barclays downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on October 10, 2022 while assigning a price target range of $7-$3. Stifel issued its recommendations for the stock as it initiated the price target for the stock is $11.
Over the week, ARBK’s stock price is moving -36.13% down while it is -40.09% when we observe its performance for the past one month. Year-to-date it is -81.90% down and over the past year, the stock is showing a downside performance of -59.70%.
Currently, Argo Blockchain Plc ADR’s total number of outstanding shares is 63.78M. Company’s return on investment (ROI) stands at -254.94% and return on equity (ROE) at -446.50%. Stock’s beta reads 1.84. Stock has a price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is -84.73% on average.
