Argo Blockchain Stock Price, News & Analysis (NASDAQ:ARBK) $1.21 +0.06 (+5.22%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$1.14▼$1.2150-Day Range$0.97▼$1.4652-Week Range$0.36▼$3.20Volume238,643 shsAverage Volume312,666 shsMarket Capitalization$64.77 millionP/E RatioN/ADividend YieldN/APrice Target$2.23 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Argo Blockchain MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside84.6% Upside$2.23 Price TargetShort InterestHealthy0.14% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.27Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.59) to ($0.58) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsFinance Sector512th out of 869 stocksNondepository Credit Institutions Industry16th out of 45 stocks 3.3 Analyst's Opinion Consensus RatingArgo Blockchain has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.23, Argo Blockchain has a forecasted upside of 84.6% from its current price of $1.21.Amount of Analyst CoverageArgo Blockchain has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.14% of the outstanding shares of Argo Blockchain have been sold short.Short Interest Ratio / Days to CoverArgo Blockchain has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Argo Blockchain has recently decreased by 39.40%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldArgo Blockchain does not currently pay a dividend.Dividend GrowthArgo Blockchain does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARBK. Previous Next 3.5 News and Social Media Coverage News SentimentArgo Blockchain has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Argo Blockchain this week, compared to 1 article on an average week.Search Interest1 people have searched for ARBK on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Argo Blockchain to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Argo Blockchain insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.13% of the stock of Argo Blockchain is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Argo Blockchain are expected to grow in the coming year, from ($0.59) to ($0.58) per share.Price to Book Value per Share RatioArgo Blockchain has a P/B Ratio of 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Argo Blockchain Stock (NASDAQ:ARBK)Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. 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 based in London, the United Kingdom.Read More ARBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARBK Stock News HeadlinesNovember 27, 2023 | finance.yahoo.comArgo Blockchain PLC Announces Appointment of CEO and PDMR NotificationNovember 18, 2023 | americanbankingnews.comArgo Blockchain (NASDAQ:ARBK) Rating Reiterated by Canaccord Genuity GroupNovember 28, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.November 18, 2023 | americanbankingnews.comHC Wainwright Analysts Cut Earnings Estimates for Argo Blockchain plc (NASDAQ:ARBK)November 17, 2023 | finance.yahoo.comArgo Blockchain plc (NASDAQ:ARBK) Q3 2023 Earnings Call TranscriptAugust 31, 2023 | finance.yahoo.comArgo Blockchain plc (NASDAQ:ARBK) Q2 2023 Earnings Call TranscriptAugust 30, 2023 | markets.businessinsider.comH.C. Wainwright Reaffirms Their Buy Rating on Argo Blockchain (ARBK)August 29, 2023 | markets.businessinsider.comCryptocurrency Miner Argo Blockchain H1 Revenue Tumbles 31% On Lower Bitcoin PriceNovember 28, 2023 | RYSE INC. (Ad)Secure your stake in the Smart Home industry.Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.August 28, 2023 | benzinga.comPreview: Argo Blockchain's EarningsAugust 1, 2023 | msn.comArgo Blockchain Plc - ADR (ARBK) Price Target Increased by 3922.46% to 33.01July 19, 2023 | markets.businessinsider.comArgo Blockchain's Share Sale: The $7.5M Power Play In Crypto MiningJuly 18, 2023 | finance.yahoo.comArgo Blockchain PLC Announces Proposed Placing Retail Offer New Ordinary SharesJuly 18, 2023 | finance.yahoo.comArgo Blockchain PLC Announces PrimaryBid OfferJuly 10, 2023 | benzinga.comThinking about buying stock in Neonode, Vinco Ventures, Gorilla Technology Group, Argo Blockchain, or Advanced Health Intelligence?June 25, 2023 | benzinga.comArgo Blockchain Stock (NASDAQ:ARBK), Insider Trading ActivityJune 9, 2023 | fool.comArgo Blockchain Plc (NASDAQ: ARBK)June 7, 2023 | markets.businessinsider.comH.C. Wainwright Sticks to Its Buy Rating for Argo Blockchain (ARBK)May 30, 2023 | finance.yahoo.comAre Finance Stocks Lagging Argo Blockchain (ARBK) This Year?May 11, 2023 | finance.yahoo.comIs Argo Blockchain (ARBK) Stock Outpacing Its Business Services Peers This Year?May 1, 2023 | markets.businessinsider.comArgo Blockchain (ARBK) was upgraded to a Buy Rating at H.C. WainwrightApril 18, 2023 | benzinga.comArgo Blockchain Stock (NASDAQ:ARBK), DividendsMarch 28, 2023 | marketwatch.comDEADLINE TODAY: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the FirmMarch 28, 2023 | tmcnet.comFinal Deadline Alert: Bronstein, Gewirtz & Grossman, LLC NotifiesMarch 26, 2023 | bloomberg.comARBK DEADLINE TOMORROW: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel BeforeMarch 26, 2023 | bloomberg.comARBK DEADLINE NOTICE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel Before ImpMarch 25, 2023 | tmcnet.comARGO DEADLINE ALERT: Bragar Eagel & Squire, P.C.See More Headlines Receive ARBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argo Blockchain and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/13/2023Today11/28/2023Fiscal Year End12/31/2023Next Earnings (Estimated)5/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:ARBK CUSIPN/A CIK1841675 Webargoblockchain.com Phone44-78-8400-3403FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$2.23 High Stock Price Target$2.75 Low Stock Price Target$1.45 Potential Upside/Downside+84.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio11.53 Current Ratio0.59 Quick Ratio0.59 Sales & Book Value Annual Sales$58.58 million Price / Sales1.11 Cash FlowN/A Price / Cash FlowN/A Book Value$0.30 per share Price / Book4.03Miscellaneous Outstanding Shares53,530,000Free Float53,533,000Market Cap$64.77 million OptionableNot Optionable Beta1.00 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Seif El-Bakly C.F.A. (Age 38)Interim CEO & COO Comp: $454.61kMr. James Mckenzie MacCallum C.A. (Age 53)C.F.A., CPA, Chief Financial Officer Jean EsquierVP of Technology & DevelopmentMr. Tom DivineVice President of Investor Relations and FP&AMr. Davis ZapffeGeneral CounselMs. Alana MarksVice President of People & CultureMr. Sebastien ChalusChief Strategy OfficerMore ExecutivesKey CompetitorsSHFNASDAQ:SHFSGreenidge GenerationNASDAQ:GREEMDB CapitalNASDAQ:MDBHMagic Empire GlobalNASDAQ:MEGLPrestige WealthNASDAQ:PWMView All CompetitorsInstitutional OwnershipGroup One Trading L.P.Bought 1,000 shares on 11/9/2023Ownership: 0.000%Simplex Trading LLCSold 2,900 shares on 11/1/2023Ownership: 0.000%View All Institutional Transactions ARBK Stock Analysis - Frequently Asked Questions Should I buy or sell Argo Blockchain stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARBK shares. View ARBK analyst ratings or view top-rated stocks. What is Argo Blockchain's stock price target for 2024? 4 Wall Street analysts have issued 1 year target prices for Argo Blockchain's shares. Their ARBK share price targets range from $1.45 to $2.75. On average, they predict the company's stock price to reach $2.23 in the next twelve months. This suggests a possible upside of 84.6% from the stock's current price. View analysts price targets for ARBK or view top-rated stocks among Wall Street analysts. How have ARBK shares performed in 2023? Argo Blockchain's stock was trading at $1.08 at the beginning of 2023. Since then, ARBK stock has increased by 12.0% and is now trading at $1.21. View the best growth stocks for 2023 here. Are investors shorting Argo Blockchain? Argo Blockchain saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 72,300 shares, a drop of 39.4% from the October 31st total of 119,300 shares. Based on an average daily volume of 173,800 shares, the short-interest ratio is currently 0.4 days. View Argo Blockchain's Short Interest. When is Argo Blockchain's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our ARBK earnings forecast. How were Argo Blockchain's earnings last quarter? Argo Blockchain plc (NASDAQ:ARBK) released its quarterly earnings results on Tuesday, June, 13th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.10. The company had revenue of $11.44 million for the quarter, compared to analyst estimates of $10.81 million. What ETF holds Argo Blockchain's stock ? Valkyrie Bitcoin Miners ETF holds 546,222 shares of ARBK stock, representing 3.33% of its portfolio. When did Argo Blockchain IPO? (ARBK) raised $112 million in an initial public offering (IPO) on Thursday, September 23rd 2021. The company issued 7,500,000 shares at a price of $15.00 per share. Who are Argo Blockchain's major shareholders? Argo Blockchain's stock is owned by a variety of retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%) and Group One Trading L.P. (0.00%). How do I buy shares of Argo Blockchain? Shares of ARBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:ARBK) was last updated on 11/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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