Argo Blockchain, a London-based crytocurrency mining company, completed its initial public offering of American depositary shares at $15 each. The depositary shares debuted on the Nasdaq at $15.05 Thursday.
The company's stock trades on the London Stock Exchange, as well as the Over-the-Counter Markets in the US as "ARBKF."
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| Latest market close | $9.63 |
|---|---|
| 52-week range | $10.44 - $21.00 |
| 50-day moving average | $14.68 |
| 200-day moving average | $15.46 |
| Wall St. target price | $25.86 |
| PE ratio | 15.9706 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.68 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $9.63 from 2022-01-21
| 1 week (2022-01-18) | -10.08% |
|---|---|
| 1 month (2021-12-23) | -30.92% |
| 3 months (2021-10-25) | -47.23% |
| 6 months (2021-07-21) | N/A |
| 1 year (2021-01-21) | N/A |
|---|---|
| 2 years (2020-01-21) | N/A |
| 3 years (2019-01-21) | N/A |
| 5 years (2017-01-21) | N/A |
Valuing Argo Blockchain plc American Depositary Shares stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Blockchain plc American Depositary Shares's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argo Blockchain plc American Depositary Shares's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Argo Blockchain plc American Depositary Shares shares trade at around 16x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
However, Argo Blockchain plc American Depositary Shares's P/E ratio is best considered in relation to those of others within the capital markets industry or those of similar companies.
Argo Blockchain plc American Depositary Shares's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $39.4 million.
The EBITDA is a measure of a Argo Blockchain plc American Depositary Shares's overall financial performance and is widely used to measure a its profitability.
To put Argo Blockchain plc American Depositary Shares's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $54.4 million |
|---|---|
| Operating margin TTM | 61.17% |
| Gross profit TTM | $7.7 million |
| Return on assets TTM | 9.21% |
| Return on equity TTM | 15.23% |
| Profit margin | 40.18% |
| Book value | $3.98 |
| Market capitalisation | $522 million |
TTM: trailing 12 months
We're not expecting Argo Blockchain plc American Depositary Shares to pay a dividend over the next 12 months.
Over the last 12 months, Argo Blockchain plc American Depositary Shares's shares have ranged in value from as little as $10.44 up to $21. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Argo Blockchain plc American Depositary Shares's is 2.7524. This would suggest that Argo Blockchain plc American Depositary Shares's shares are significantly more volatile than the average for this exchange and represent a higher risk.
To put Argo Blockchain plc American Depositary Shares's beta into context you can compare it against those of similar companies.
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. 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 headquartered in London, the United Kingdom. .
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