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 $0.25, up 3.56% from the previous day, and has decreased 77.8% in one year. It has underperformed other stocks in the Capital Markets industry by 1.14 percentage points. Argo Blockchain stock is currently +68.67% from its 52-week low of $0.15, and -87.29% from its 52-week high of $1.99.
At the moment, there are 637.98M shares of ARBK outstanding. The market cap of ARBK is $16.14M. In the past 24 hours, 6.04M ARBK shares were traded.
How to Buy Argo Blockchain Stock
Not sure how to invest in Argo Blockchain stock? Here's how.
- Decide where to buy Argo Blockchain stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Argo Blockchain stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your information.
- 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 research tools can help you understand if ARBK is a good stock to buy).
- 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.
- Keep tabs on your ARBK investment: Create a watchlist to the latest updates on 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 stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you are able to invest in ARBK stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on a mobile trading app, your next step is to transfer the money for your investment:
Check out the tutorial below for more details depositing funds into your brokerage account.
Step 4: Research Argo Blockchain stock
After you have chosen the best place to buy Argo Blockchain stock, it's important to analyze their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Argo Blockchain shares data
ARBK Fundamentals
WallStreetZen was built to help part-time investors do more accurate 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?
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
Positive Health Checks:
- ARBK has $11.50M in cash and short term investments. This is enough to cover its annual cash burn of $58.54M.
- There are more short-term assets than short-term liabilities on the ARBK balance sheet.
Negative Health Checks:
- ARBK has cash burn of 58542666. It does not have sufficient cash and short-term investments to cover this.
- ARBK debt to equity ratio of -1.65 is negative.
- ARBK profit margin has gone down from -68.5% to -117.2% in the past year.
- Total ARBK debt is still negative.
- There are more long-term liabilities than short-term assets on the ARBK balance sheet.
You can dig deeper into what analysts are projecting on the Argo Blockchain stock forecast page.
ARBK Trading Indicators
ARBK Revenue
Last year, ARBK revenue was $62.69M. During the last five year, ARBK's revenue has increased by 38.97% per year. This was faster than the Capital Markets industry average of 17.14%.
You can analyze ARBK's earnings and revenue performance here.
What are ARBK executives and large shareholders up to?
Over the past year, executives and large shareholders at ARBK have not bought or sold any shares.
Learn more about who owns ARBK shares here.
Does ARBK stock generate passive income?
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 primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn 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 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 sure you're buying or selling at a particular price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your ARBK investment
Now that you own some ARBK stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to track the most important metrics related to your ARBK stock.
ARBK Feed
How to Buy Stock in Argo Blockchain
To reiterate, here are the 6 steps you need to take to buy Argo Blockchain stock right now:
- Decide where to buy Argo Blockchain stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Argo Blockchain stock
- Place your ARBK trade
- Keep tabs on your ARBK investment
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your new investment in Argo Blockchain, get started below.
More Articles You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation 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.