Argo Blockchain (NASDAQ:ARBK – Get Free Report)‘s stock had its “neutral” rating reissued by HC Wainwright in a research note issued on Thursday, Benzinga reports.
Argo Blockchain Trading Down 2.3 %
Shares of Argo Blockchain stock opened at $1.25 on Thursday. The firm has a market capitalization of $72.20 million, a PE ratio of -2.66 and a beta of 1.90. Argo Blockchain has a twelve month low of $0.94 and a twelve month high of $4.45. The firm’s 50-day moving average price is $1.31 and its 200 day moving average price is $1.53. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 5.06.
Argo Blockchain (NASDAQ:ARBK – Get Free Report) last released its quarterly earnings data on Wednesday, August 28th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.12). The business had revenue of $12.42 million during the quarter, compared to analyst estimates of $13.40 million. Argo Blockchain had a negative net margin of 54.06% and a negative return on equity of 4,172.69%. On average, sell-side analysts predict that Argo Blockchain will post -0.46 EPS for the current fiscal year.
Institutional Trading of Argo Blockchain
Argo Blockchain Company Profile
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.
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