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Argo Blockchain NasdaqGS:ARBK Stock Report

Last Price

US$1.17

Market Cap

US$67.9m

7D

-4.9%

1Y

-0.8%

Updated

24 Nov, 2024

Data

Company Financials +

Argo Blockchain plc

NasdaqGS:ARBK Stock Report

Market Cap: US$67.9m

Argo Blockchain plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Argo Blockchain
Historical stock prices
Current Share PriceUK£1.17
52 Week HighUK£4.45
52 Week LowUK£1.02
Beta3.39
11 Month Change4.46%
3 Month Change-20.41%
1 Year Change-0.85%
33 Year Change-93.67%
5 Year Changen/a
Change since IPO-93.01%

Recent News & Updates

Recent updates

Argo Blockchain mines ~8.5% lower bitcoins in September

Oct 11

Argo Blockchain Continues Buildout As Bitcoin Price Tumbles Under $20K

Sep 08

Argo Blockchain reports 1H results

Aug 24

Argo Blockchain mines 22% higher bitcoins in July

Aug 05

Argo Blockchain mines 44% higher bitcoins in June

Jul 07

Argo Blockchain Expanding, But Lacks Mindshare In U.S. Market

May 09

ARBKL: Argo Blockchain's 9.5% Yielding Baby Bonds Look Interesting

Feb 08

Argo Blockchain: Valuation Starting To Make More Sense

Dec 22

Shareholder Returns

ARBKUS SoftwareUS Market
7D-4.9%2.9%2.2%
1Y-0.8%25.8%31.6%

Return vs Industry: ARBK underperformed the US Software industry which returned 25.5% over the past year.

Return vs Market: ARBK underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is ARBK's price volatile compared to industry and market?
ARBK volatility
ARBK Average Weekly Movement13.9%
Software Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: ARBK's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ARBK's weekly volatility has decreased from 19% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201730Tom Chippaswww.argoblockchain.com

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 Fundamentals Summary

How do Argo Blockchain's earnings and revenue compare to its market cap?
ARBK fundamental statistics
Market capUS$67.93m
Earnings (TTM)-US$49.20m
Revenue (TTM)US$55.82m

1.2x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ARBK income statement (TTM)
RevenueUS$55.82m
Cost of RevenueUS$33.22m
Gross ProfitUS$22.60m
Other ExpensesUS$71.81m
Earnings-US$49.20m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.077
Gross Margin40.49%
Net Profit Margin-88.15%
Debt/Equity Ratio-221.8%

How did ARBK perform over the long term?

See historical performance and comparison