Free Trial

Argo Blockchain (LON:ARB) Trading 11.9% Higher - What's Next?

Argo Blockchain logo with Financial Services background

Argo Blockchain plc (LON:ARB - Get Free Report)'s share price traded up 11.9% during trading on Tuesday . The stock traded as high as GBX 10.50 ($0.14) and last traded at GBX 10.07 ($0.13). 1,271,882 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 4,166,833 shares. The stock had previously closed at GBX 9 ($0.12).

Argo Blockchain Stock Up 22.2 %

The firm has a 50-day moving average price of GBX 9.24 and a 200 day moving average price of GBX 10.06. The company has a debt-to-equity ratio of 669.76, a current ratio of 0.43 and a quick ratio of 0.19. The company has a market cap of £70.00 million, a price-to-earnings ratio of -147.61 and a beta of 3.39.

About Argo Blockchain

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Argo Blockchain Right Now?

Before you consider Argo Blockchain, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Argo Blockchain wasn't on the list.

While Argo Blockchain currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines