ARBK Stock Summary and Trading Ideas (Argo Blockchain PLC - American Depositary Shares | NASDAQ:ARBK)

Argo Blockchain PLC is a data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.

Argo Blockchain PLC - American Depositary Shares trades on the NASDAQ stock market under the symbol ARBK.

As of March 11, 2025, ARBK stock price climbed to $0.42 with 281,007 million shares trading.

ARBK has a beta of 0.67, meaning it tends to be less sensitive to market movements. ARBK has a correlation of 0.01 to the broad based SPY ETF.

ARBK has a market cap of $26.66 million. This is considered a Sub-Micro Cap stock.

Last quarter Argo Blockchain PLC - American Depositary Shares reported $7 million in Revenue and -$.10 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.02.

In the last 3 years, ARBK traded as high as $10.75 and as low as $.30.

The top ETF exchange traded funds that ARBK belongs to (by Net Assets): WGMI, MNRS.

ARBK has underperformed the market in the last year with a return of -79.1%, while the SPY ETF gained +10.0%. In the last 3 month period, ARBK fell short of the market, returning -43.1%, while SPY returned -7.5%. However, in the most recent 2 weeks ARBK has outperformed the stock market by returning -6.9%, while SPY returned -6.9%.

ARBK support price is $.35 and resistance is $.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARBK shares will trade within this expected range on the day.