How to buy Argo Blockchain (ARB) shares

Learn how to easily invest in Argo Blockchain shares.

Argo Blockchain plc
LSE: ARB - GBX
CAPITAL MARKETS
p120.00
+ p9.00 ( + 8.11%)

The cryptocurrency mining service provider saw its share price shoot up early in 2021 on the back of the rising price of Bitcoin, and a surge of interest in cryptocurrencies. Given its relationship to the price of bitcoin, ARB shares could see further volatility if the cryptocurrency continues to move.

How to buy shares in Argo Blockchain

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: ARB in this case.
  5. Research Argo Blockchain shares. The platform should provide the latest information available.
  6. Buy your Argo Blockchain shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Argo Blockchain's share price?

Since the stock market crash that started in February 2020, Argo Blockchain's share price has had significant positive movement.

Its last market close was 120p, which is 94.72% up on its pre-crash value of 6.34p and 4,515.38% up on the lowest point reached during the March 2020 crash when the shares fell as low as 2.6p.

If you had bought £1,000 worth of Argo Blockchain shares at the start of February 2020, those shares would have been worth £511.45 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 £18,320.62.

Argo Blockchain share price (LSE:ARB)

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

Argo Blockchain shares at a glance

Information last updated 2021-07-09.
Open116.7p
High120p
Low110p
Close114p
Previous close115p
Change-1p
Change %-0.8696%
Volume3,246,550
Information last updated 2021-10-09.
52-week range5p - 360.08p
50-day moving average137.0569p
200-day moving average148.9552p
Wall St. target price245p
PE ratio53.6364
Dividend yieldN/A (0%)
Earnings per share (TTM)2.2p
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Invest in Argo Blockchain shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
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Capital at risk

Fees for buying 100x Argo Blockchain shares with popular platforms

Share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £0.00
£114.00 total
Capital at risk
eToro Free Stocks logo £0 $50 £0.00
£114.00 total
Capital at risk
Fineco logo £0 No minimum £0.00
£114.00 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.77
£115.77 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£125.95 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£121.99 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£123.50 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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.

Argo Blockchain price performance over time

Historical closes compared with the last close of 114p

1 week (2021-10-08) -3.39%
1 month (2021-09-16) -25.49%
3 months (2021-07-16) 11.76%
6 months (2021-04-16) -32.14%
1 year (2020-10-16) 2,011.11%
2 years (2019-10-16) 1,505.63%
3 years (2018-10-16) 1,472.41%

Is Argo Blockchain under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

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 54x. In other words, Argo Blockchain shares trade at around 54x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

EBITDA

Argo Blockchain's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £18.8 million.

The EBITDA is a measure of a Argo Blockchain's overall financial performance and is widely used to measure a its profitability.

Financials

Revenue TTM £38.9 million
Operating margin TTM 30.98%
Gross profit TTM £1.9 million
Return on assets TTM 9.21%
Return on equity TTM 15.23%
Profit margin 20.9%
Book value 0.225p
Market capitalisation £551.2 million

TTM: trailing 12 months

Argo Blockchain share dividends

We're not expecting Argo Blockchain to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Share price volatility

Over the last 12 months, Argo Blockchain's shares have ranged in value from as little as 5p up to 360.08p. 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 (LSE average) beta is 1, while Argo Blockchain's is 3.1608. This would suggest that Argo Blockchain's shares are significantly more volatile than the average for this exchange and represent a higher risk.

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