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Should you buy Argo Blockchain PLC?

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Monday, April 1, 2024 6:55am | Investor Observer Analyst

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Should you buy Argo Blockchain PLC - ADR (ARBK) stock on Monday morning?

Argo Blockchain PLC – ADR (ARBK) fell on Monday morning, with shares declining -8.29% to 1.99 in pre-market trading. ARBK’s Short-Term Technical score of 60 indicates that the stock has traded more bullishly over the past month than 60% of stocks on the market. Ranked #40 out of 146 industries in the Capital Markets industry, Argo Blockchain PLC – ADR ranks higher than 54% of stocks. Argo Blockchain PLC-ADR has fallen 6.47% over the past month, and its closing price on March 4th was $2.20. During this period, the stock price fell as low as $1.50 and as high as $2.48. Analysts’ recommendation for ARBK is, on average, a Buy. The company’s average price target is $1.79.

Overall score - 38
ARBK’s overall score is 38. Find out what this means to you and get the rest of the rankings on ARBK!

Argo Blockchain PLC – ADR’s Long-Term Technical Rank is 53. This means that in the last 200 trading days the company has scored higher than 47% of the markets and ranks in the top half of stocks. In the Capital Markets industry, ARBK ranks #44 on this metric, ranking it better than 44% of stocks.

Important dates for ARBK investors:

-Argo Blockchain PLC – ADR is expected to announce earnings on May 7, 2024. Over the past 12 months, the company’s EPS has been reported at -$0.31. -At this time, no dividend date has been set for Argo Blockchain PLC – ADR. Click here to get the full report on Argo Blockchain PLC – ADR (ARBK)

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