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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 $1.48, up 2.78% from the previous day, and has increased 2.07% in one year. It has underperformed other stocks in the Capital Markets industry by 0.09 percentage points. Argo Blockchain stock is currently +60.87% from its 52-week low of $0.92, and -66.74% from its 52-week high of $4.45.

At the moment, there are 523.45M shares of ARBK outstanding. The market capitalization of ARBK is $77.47M. In the last 24 hours, 164,933 ARBK shares were traded.

How to Buy Argo Blockchain Stock

Wondering how to invest in Argo Blockchain stock? Here's how.
  1. Decide where to buy Argo Blockchain stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Argo Blockchain stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your payment method and add your info.
  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 figure out 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 purchase ARBK shares at a specific price.
  6. Keep tabs on your ARBK investment: Create a watchlist to important notifications about your new investment in Argo Blockchain shares.

Step 1: Decide where to buy Argo Blockchain stock

You need an online brokerage account to access the NASDAQ market and buy ARBK shares.

A brokerage account is an investment account that allows 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 selected the best brokerage, you need to fill out some personal information so you can invest in ARBK stock today.

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  1. Click here to get started.
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  2. Input your personal info to start a new brokerage account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've opened your account on the best stock investing app, you need to deposit funds:

Check out the tutorial below to see the process of depositing funds into your brokerage account.

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Step 4: Research Argo Blockchain stock

After you have figured out the best place to buy Argo Blockchain stock, it's absolutely critical to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.

Argo Blockchain stock at a glance

ARBK Price
$1.48
1w %
-6.33%
1y %
2.07%
5y %
N/A
P/E
N/A
P/B
-21.04x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$77.47M
Next Earnings
Apr 25, 2024
Next Dividend
N/A

ARBK Due Diligence Checks

WallStreetZen was built to help average investors perform better fundamental analysis quickly.

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

What is the fair value of ARBK stock?

Investors 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 debt to equity ratio of -29.52 is negative.
  • There are more short-term liabilities than short-term assets on the ARBK balance sheet.
  • There are more long-term liabilities than short-term assets on the ARBK balance sheet.
  • Total ARBK debt is still negative.

Is it a good time to buy ARBK stock, according to analysts?

Out of 1 Equities analysts who give ratings on ARBK, the consensus analyst rating on Argo Blockchain is a Hold

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

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

ARBK Momentum

SMA10
1.52
SMA20
1.62
SMA50
1.93
SMA100
2.07
SMA200
1.66
MACD
-0.12
MACD Signal
-0.12
MACD Histogram
-0.01
RSI
43.4
Stochastic %K
10.92
Stochastic %D
7.24
StochRSI %K
16.23
StochRSI %D
8.55

Latest Insiders Trades at ARBK

In the past year, 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 do other traders have to say about ARBK?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Place your ARBK trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, use a limit order.

Hit the Open Trade button and eToro will place the order.

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Step 6: Keep tabs on your ARBK investment

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

Create a watchlist to get notified of important updates regarding your ARBK stock.

ARBK Feed

How to Buy Stock in Argo Blockchain

To summarize, here are the 6 steps to buy Argo Blockchain stock:

  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 favorite venue.

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.

If you would like to monitor your investment in Argo Blockchain, create a watchlist on WallStreetZen today.

NASDAQ: ARBK
$1.48+0.04 (+2.78%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: ARBK
$1.48+0.04 (+2.78%)
Updated Apr 17, 2024
Open eToro Account

FAQ

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

As of Apr 17, 2024, it costs $1.48 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 $0.74, 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.

Is now a good time to buy Argo Blockchain stock?

According to 1 Wall Street analysts who monitor Argo Blockchain, their consensus recommendation is to hold Argo Blockchain stock.

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.