--- title: "Argo Blockchain (LON:ARB) Trading Up 8% - Should You Buy?" description: "Argo Blockchain (LON:ARB) shares rose 8% during mid-day trading, reaching GBX 9 before closing at GBX 8.23. The trading volume was 1,989,015 shares, down 55% from the average. The company has a market" type: "news" locale: "en" url: "https://longbridge.com/en/news/221078642.md" published_at: "2024-11-30T17:39:06.000Z" --- # Argo Blockchain (LON:ARB) Trading Up 8% - Should You Buy? > Argo Blockchain (LON:ARB) shares rose 8% during mid-day trading, reaching GBX 9 before closing at GBX 8.23. The trading volume was 1,989,015 shares, down 55% from the average. The company has a market cap of £52.40 million, a P/E ratio of -108.86, and a high debt-to-equity ratio of 669.76. Analysts currently rate the stock as a "Hold," suggesting there may be better investment options available. Argo Blockchain plc (LON:ARB - Get Free Report) shares were up 8% during mid-day trading on Friday . The stock traded as high as GBX 9 ($0.11) and last traded at GBX 8.23 ($0.10). Approximately 1,989,015 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 4,463,963 shares. The stock had previously closed at GBX 7.62 ($0.10). Get **Argo Blockchain** alerts: ## Argo Blockchain Stock Up 8.1 % The company has a market capitalization of £52.40 million, a price-to-earnings ratio of -108.86 and a beta of 3.39. The company has a current ratio of 0.43, a quick ratio of 0.19 and a debt-to-equity ratio of 669.76. The firm's 50 day simple moving average is GBX 8.98 and its 200-day simple moving average is GBX 9.65. ## 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. ## See Also - Five stocks we like better than Argo Blockchain - Industrial Products Stocks Investing - The Latest 13F Filings Are In: See Where Big Money Is Flowing - Earnings Per Share Calculator: How to Calculate EPS - 3 Penny Stocks Ready to Break Out in 2025 - How to Use the MarketBeat Stock Screener - FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → LAST CHANCE: 95% off sale ends soon (From Behind the Markets) (Ad)## Should you invest $1,000 in Argo Blockchain right now? Before you consider Argo Blockchain, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Argo Blockchain wasn't on the list. While Argo Blockchain currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [ARBK.US - Argo Blockchain](https://longbridge.com/en/quote/ARBK.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 美股盘前热门交易：Argo Blockchain 盘前跌 17.97%；Redwire 盘前涨 8.86% | Argo Blockchain 盘前跌 17.97%；Redwire 盘前涨 8.86%；自由全球-B 盘前涨 215.88%；Reading 盘前涨 164.58%；CCH 盘前涨 50.64%。 | [Link](https://longbridge.com/en/news/275107089.md) | | 随着法律压力的增加，Polymarket 正在推动'Poly'商标 | Polymarket，由 Blockratize Inc.运营，已向美国专利商标局（USPTO）提交了 “POLY” 和 “$POLY” 的商标申请，表明其在美国面临持续法律挑战的情况下，计划推出潜在的加密货币。这些申请涵盖了各种数字货币服 | [Link](https://longbridge.com/en/news/275162472.md) | | Solaris Energy Infrastructure, Inc. $SEI 的股份被 CenterBook Partners LP 收购 | CenterBook Partners LP 在第三季度将其在 Solaris Energy Infrastructure, Inc. (NYSE:SEI) 的持股增加了 513.1%，目前持有 415,453 股，购买了 347,693 | [Link](https://longbridge.com/en/news/276233323.md) | | Argo 将收购 Hurdman 银锌项目 | Argo Gold Inc. 已达成协议，收购位于安大略省蒂明斯以北 120 公里的 Hurdman 银锌项目的 100% 权益。此次收购涉及以每股 12.5 加元分的价格发行 1,250,000 股普通股，受四个月的持有期限制。该项目覆盖 | [Link](https://longbridge.com/en/news/276386634.md) | | Argo 的联合创始人在增持交通技术公司股份后锁定了他们的股份 | Argo Corporation 的联合创始人兼首席执行官 Praveen Arichandran 和 Qamar Qureshi 已签署锁定协议，锁定 2947 万股股份，直到 2028 年 2 月 8 日，此举是在最近融资中投资了 17 | [Link](https://longbridge.com/en/news/276194373.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.