Argo Blockchain (ARBK – Research Report) received a Hold rating and price target from H.C. Wainwright analyst Kevin Dede today. The company’s shares closed yesterday at $1.52.
Dede covers the Technology sector, focusing on stocks such as Kopin, BIT Mining, and Sphere 3D. According to TipRanks, Dede has an average return of -5.3% and a 34.34% success rate on recommended stocks.
The analyst consensus on Argo Blockchain is currently a Hold rating.
ARBK market cap is currently $86.39M and has a P/E ratio of -0.36.
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Argo Blockchain (ARBK) Company Description:
Argo Blockchain PLC is a cloud-based crypto mining company. The company’s service provides access to mining rigs, which perform the complex crypto-mining operations for its users and then directly deposit all coins mined into users’ digital wallets.
