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How to buy Argo Blockchain plc American Depositary Shares stock

Learn how to easily invest in Argo Blockchain plc American Depositary Shares stock.

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."

How to buy shares in Argo Blockchain plc American Depositary Shares

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ARBK – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Argo Blockchain plc American Depositary Shares stock price (NASDAQ: ARBK)

Use our graph to track the performance of ARBK stocks over time.

Argo Blockchain plc American Depositary Shares shares at a glance

Information last updated 2022-01-20.
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.

Is it a good time to buy Argo Blockchain plc American Depositary Shares stock?

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.

Argo Blockchain plc American Depositary Shares price performance over time

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

Is Argo Blockchain plc American Depositary Shares stock undervalued or overvalued?

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 P/E ratio

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

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.

Argo Blockchain plc American Depositary Shares financials

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

Argo Blockchain plc American Depositary Shares share dividends

We're not expecting Argo Blockchain plc American Depositary Shares to pay a dividend over the next 12 months.

Argo Blockchain plc American Depositary Shares share price volatility

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 American Depositary Shares overview

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. .

Frequently asked questions

What percentage of Argo Blockchain plc American Depositary Shares is owned by insiders or institutions?
Currently 0.015% of Argo Blockchain plc American Depositary Shares shares are held by insiders and 5.415% by institutions.
How many people work for Argo Blockchain plc American Depositary Shares?
Latest data suggests 9 work at Argo Blockchain plc American Depositary Shares.
When does the fiscal year end for Argo Blockchain plc American Depositary Shares?
Argo Blockchain plc American Depositary Shares's fiscal year ends in December.
Where is Argo Blockchain plc American Depositary Shares based?
Argo Blockchain plc American Depositary Shares's address is: 16 Great Queen Street, London, United Kingdom, WC2B 5DG
What is Argo Blockchain plc American Depositary Shares's ISIN number?
Argo Blockchain plc American Depositary Shares's international securities identification number is: US0401261047

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