Argo Blockchain is a capital markets business based in the US. Argo Blockchain stocks (ARBK.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $18.76 – a decrease of 2.22% over the previous week. Argo Blockchain employs 9 staff and has a trailing 12-month revenue of around $54.4 million.
How to buy shares in Argo Blockchain
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Argo Blockchain 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.
What's in this guide?
- Can I buy shares in Argo Blockchain?
- Has coronavirus impacted Argo Blockchain shares?
- Argo Blockchain shares summary
- Compare share dealing platforms
- Is Argo Blockchain stock a buy or sell?
- Argo Blockchain performance over time
- Are Argo Blockchain shares over-valued?
- Argo Blockchain's financials
- How volatile are Argo Blockchain shares?
- Does Argo Blockchain pay a dividend?
- Other common questions
How has Coronavirus impacted Argo Blockchain's stock price?
Since the stock market crash in March caused by coronavirus, Argo Blockchain's stock price has had significant positive movement.
Its last market close was $18.48, which is 69.81% up on its pre-crash value of $5.58 and 292.36% up on the lowest point reached during the March crash when the stocks fell as low as $4.71.
If you had bought $1,000 worth of Argo Blockchain stocks at the start of February 2020, those stocks would have been worth $810.69 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $3,180.78.
Argo Blockchain stock price (NASDAQ: ARBK)Use our graph to track the performance of ARBK stocks over time.
Argo Blockchain shares at a glance
|Latest market close||$18.48|
|52-week range||$14.50 - $21.00|
|50-day moving average||$17.24|
|200-day moving average||$17.24|
|Wall St. target price||$25.17|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.67|
Compare online trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Argo Blockchain price performance over time
|1 week (2021-11-19)||-2.22%|
|1 month (2021-10-28)||13.65%|
|3 months (2021-08-24)||N/A|
|6 months (2021-05-24)||N/A|
|1 year (2020-11-24)||N/A|
|2 years (2019-11-24)||N/A|
|3 years (2018-11-24)||N/A|
|5 years (2016-11-24)||N/A|
Is Argo Blockchain under- or over-valued?
Valuing Argo Blockchain stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Argo Blockchain's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Argo Blockchain's P/E ratio
Argo Blockchain's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Argo Blockchain shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Argo Blockchain's EBITDA
Argo Blockchain's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $39.1 million.
The EBITDA is a measure of a Argo Blockchain's overall financial performance and is widely used to measure a its profitability.
Argo Blockchain financials
|Revenue TTM||$54.4 million|
|Operating margin TTM||60.67%|
|Gross profit TTM||$1.9 million|
|Return on assets TTM||9.21%|
|Return on equity TTM||15.23%|
|Market capitalisation||$861.8 million|
TTM: trailing 12 months
Argo Blockchain share dividends
We're not expecting Argo Blockchain to pay a dividend over the next 12 months.
Argo Blockchain share price volatility
Over the last 12 months, Argo Blockchain's shares have ranged in value from as little as $14.5 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's is 3.1174. This would suggest that Argo Blockchain's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Argo Blockchain 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
Argo Blockchain in the news
Novartis AG - ADR Shares Fall 0.4% Below Previous 52-Week Low - Market Mover
HireRight Holdings Corp Shares Climb 0.5% Past Previous 52-Week High - Market Mover
Bridgetown 2 Holdings Ltd - Class A Shares Approach 52-Week Low - Market Mover
More on investing
We break down how the CRA treats stock gains and losses, how foreign stocks are taxed, which trading expenses are tax-deductible and more.Read more…
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.Read more…
We look at 6 popular stock discussion groups from Canada and overseas.Read more…
More guides on Finder
How to buy Intensity Therapeutics (INTS) stock in Canada when it goes public
Everything we know about the Intensity Therapeutics IPO, plus information on how to buy in.
How to buy Incannex Healthcare Limited (IXHL) stock in Canada when it goes public
Everything we know about the Incannex Healthcare Limited IPO, plus information on how to buy in.
How to buy Genenta Science SpA (GNTA) stock in Canada when it goes public
Everything we know about the Genenta Science SpA IPO, plus information on how to buy in.
Top trending stocks on Twitter
We’ve pulled a list together of the top trending stocks being mentioned on Twitter over the past 24 hours.
How to buy Polestar (PSNY) stock in Canada when it goes public
Everything we know about the Polestar IPO, plus information on how to buy in.
How to buy Knightscope (KSCP) stock in Canada when it goes public
Everything we know about the Knightscope IPO, plus information on how to buy in.
How to buy Sangoma Technologies Corporation (SANG) stock in Canada when it goes public
Everything we know about the Sangoma Technologies Corporation IPO, plus information on how to buy in.
How to buy Sweetgreen stock in Canada
Everything we know about the Sweetgreen IPO, plus information on how to buy in.
How to buy UserTesting (USER) stock in Canada
Everything we know about the UserTesting IPO, plus information on how to buy in.
How to buy Sono Motors (SEV) stock in Canada
Everything we know about the Sono Motors IPO, plus information on how to buy in.
Ask an Expert
You must be logged in to post a comment.