Argo Blockchain Plc Stock Today

ARBK Stock  USD 0.39  0.01  3.53%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very High

 
High
 
Low
Argo Blockchain is selling for 0.38589999 as of the 20th of March 2025. This is a 3.53% down since the beginning of the trading day. The stock's last reported lowest price was 0.38. Argo Blockchain has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
23rd of September 2021
Classification
Financials
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom. Argo Blockchain operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 63.64 M outstanding shares of which 1.67 M shares are presently shorted by private and institutional investors with about 3.03 trading days to cover. More on Argo Blockchain PLC

Moving together with Argo Stock

  0.8WD Walker DunlopPairCorr

Moving against Argo Stock

  0.84TWO Two Harbors InvestmentsPairCorr
  0.76V Visa Class A Sell-off TrendPairCorr
  0.72COOP Mr Cooper GroupPairCorr
  0.69BK Bank of New YorkPairCorr
  0.54MFA MFA FinancialPairCorr
  0.54AB AllianceBernsteinPairCorr

Argo Stock Highlights

Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Debt Levels
Argo Blockchain can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Argo Blockchain's financial leverage. It provides some insight into what part of Argo Blockchain's total assets is financed by creditors.
Liquidity
Argo Blockchain PLC currently holds 62.52 M in liabilities with Debt to Equity (D/E) ratio of 0.71, which is about average as compared to similar companies. Argo Blockchain PLC has a current ratio of 2.07, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Argo Blockchain's use of debt, we should always consider it together with its cash and equity.

Depreciation

30.72 Million
Argo Blockchain PLC (ARBK) is traded on NASDAQ Exchange in USA. It is located in Eastcastle House, London, United Kingdom, W1W 8DH and employs 30 people. Argo Blockchain is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.98 M. Argo Blockchain PLC conducts business under Capital Markets sector and is part of Financials industry. The entity has 63.64 M outstanding shares of which 1.67 M shares are presently shorted by private and institutional investors with about 3.03 trading days to cover. Argo Blockchain PLC currently holds about 9.21 M in cash with 3.83 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Argo Blockchain Probability Of Bankruptcy
Ownership Allocation
Argo Blockchain holds a total of 63.64 Million outstanding shares. Almost 97.12 percent of Argo Blockchain outstanding shares are held by general public with 0.11 (percent) owned by insiders and only 2.77 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Argo Ownership Details

Argo Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Securities, Llc2024-12-31
22 K
Corecap Advisors, Llc2024-12-31
20 K
Sbi Securities Co Ltd2024-12-31
19.5 K
Morgan Stanley - Brokerage Accounts2024-12-31
17.4 K
Welch Group, Llc2024-12-31
12.3 K
Geode Capital Management, Llc2024-12-31
12 K
The Colony Group Llc2024-12-31
11.8 K
Rhumbline Advisers2024-12-31
4.4 K
Principal Securities Inc2024-12-31
2.2 K
Vident Advisory, Llc2024-12-31
628 K
Ubs Group Ag2024-12-31
147.4 K
View Argo Blockchain Diagnostics

Argo Blockchain Historical Income Statement

At this time, Argo Blockchain's Interest Expense is quite stable compared to the past year. Other Operating Expenses is expected to rise to about 117.7 M this year, although the value of Net Interest Income is projected to rise to (9.9 M). View More Fundamentals

Argo Stock Against Markets

Argo Blockchain Corporate Management

Jean EsquierVP DevelopmentProfile
Alana MarksVice CultureProfile
Seif ElBaklyChief OfficerProfile
Sebastien ChalusChief OfficerProfile
CA CFAChief OfficerProfile
Alex CAPrincipal CFOProfile
Tom DivineVP RelationsProfile

Already Invested in Argo Blockchain PLC?

The danger of trading Argo Blockchain PLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Argo Blockchain is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Argo Blockchain. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Argo Blockchain PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Argo Blockchain PLC is a strong investment it is important to analyze Argo Blockchain's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argo Blockchain PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Argo Blockchain. If investors know Argo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Argo Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.90)
Revenue Per Share
0.99
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.15)
The market value of Argo Blockchain PLC is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Argo Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.