How to Buy Argo Blockchain Stock

Argo Blockchain PLC

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 cryptographic algorithms.

Argo Blockchain stock last closed at $0.54, up 5.3% from the previous day, and has decreased 81.13% in one year. It has underperformed other stocks in the Capital Markets industry by 1.3 percentage points. Argo Blockchain stock is currently +23.79% from its 52-week low of $0.43, and -80.72% from its 52-week high of $2.78.

At the moment, there are 578.4M ARBK shares outstanding. The market cap of ARBK is $31.00M. In the last 24 hours, 260,007 ARBK shares were traded.

How to Buy Argo Blockchain Stock

Not sure how to invest in Argo Blockchain stock? Here's how.

  1. Decide where to buy Argo Blockchain stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Argo Blockchain stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Research Argo Blockchain stock: The Argo Blockchain ticker symbol is ARBK. Is Argo Blockchain stock a good investment? Should you buy shares of ARBK? How do ARBK's underlying business fundamentals look? Do top analysts think Argo Blockchain is a good buy? Why has ARBK's stock price moved recently? (Hint: Our stock analysis website can help you decide if ARBK is a good stock to buy).
  5. Place your ARBK trade: Decide if you will purchase ARBK shares at the current market price or use a limit order to buy ARBK stock at a particular price.
  6. Keep tabs on your ARBK investment: Create a watchlist to monitor your position in Argo Blockchain stock.

Step 1: Decide where to buy Argo Blockchain stock

You will need a brokerage account in order to access the NASDAQ market and buy ARBK stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to invest in ARBK stock today.

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Step 3: Deposit funds into your investment account

Now that you have finished signing up on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Check out the walkthrough below to see the process of transferring money into your new investment account.

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Step 4: Research Argo Blockchain stock

Once you have decided on the best place to buy Argo Blockchain stock, it's crucial to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.

Argo Blockchain stock at a glance

ARBK Price
$0.54
1w %
14.78%
1y %
-81.13%
5y %
N/A
P/E
-0.47x
P/B
-1.24x
P/S
0.46x
PEG
N/A
Revenue
$66.92M
Earnings
-$60.64M
Fore. Rev. Growth
-91.78%
Fore. Earn. Growth
N/A
Market Cap
$31.00M
Next Earnings
N/A
Next Dividend
N/A

Argo Blockchain Due Diligence Checks

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on ARBK's stock page.

Is ARBK stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ARBK's intrinsic value.

You can access additional valuation analysis on ARBK's stock here.

ARBK Financials at a glance

Negative Health Checks:

  • ARBK profit margin has gone up by 3.51 percentage points in the past year, but the company is still unprofitable.
  • ARBK's operating cash flow of $8.47M allows it to safely service it's debt of $50.45M.
  • Total ARBK debt is still negative.
  • ARBK earnings of -$46.89M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the ARBK balance sheet.
  • There are more short-term liabilities than short-term assets on the ARBK balance sheet.
  • ARBK debt to equity ratio of -1.95 is negative.

You can dive deeper into what analysts are projecting on the Argo Blockchain stock forecast page.

ARBK Technical Indicators

SMA10
0.5
SMA20
0.5
SMA50
0.6
SMA100
0.89
SMA200
1.1
MACD
-0.04
MACD Signal
-0.05
MACD Histogram
0.01
RSI
49.04
Stochastic %K
35.97
Stochastic %D
21.54
StochRSI %K
87.9
StochRSI %D
63.48

ARBK Performance Metrics

Last year, ARBK revenue was $66.92M. Over the last one years, ARBK's revenue has gone up by 27.61% per year. This was faster than the Capital Markets industry average of 19.16%.

You can analyze ARBK's earnings and revenue performance here.

Who is buying/selling ARBK?

In the last 12 months, executives and large shareholders at ARBK have not bought or sold any shares.

Research more about who owns ARBK shares here.

Can I get consistent income from ARBK stock?

No, Argo Blockchain doesn't provide an income stream by paying out dividends.

What others are saying about ARBK

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Step 5: Place your ARBK trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, place a limit order.

Hit the Open button and your broker will execute your order.

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Step 6: Keep tabs on your ARBK investment

Now that you own some ARBK stock, you'll want to keep up with your new investment.

Put ARBK on a watchlist to keep track of your ARBK stock.

ARBK Feed

How to Buy Stock in Argo Blockchain

To summarize, here are the 6 steps you need to take to buy Argo Blockchain stock right now:

  1. Decide where to buy Argo Blockchain stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Research Argo Blockchain stock
  5. Place your ARBK trade
  6. Keep tabs on your ARBK investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
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If you would like to watch your new investment in Argo Blockchain, click the button below.

NASDAQ: ARBK
$0.54+0.03 (+5.3%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: ARBK
$0.54+0.03 (+5.3%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Argo Blockchain share?

As of Feb 14, 2025, it costs $0.54 to buy one share of Argo Blockchain stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.27, you can buy 0.5 shares of ARBK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Argo Blockchain stock?

One way to place an order for Argo Blockchain stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.