Van ECK Associates Corp boosted its holdings in shares of Argo Blockchain plc (NASDAQ:ARBK – Get Rating) by 32.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 518,774 shares of the company’s stock right after getting an supplemental 126,130 shares through the period. Van ECK Associates Corp owned 1.09% of Argo Blockchain well worth $2,007,000 as of its most latest submitting with the SEC.

A variety of other institutional traders have also lately purchased and offered shares of the organization. Point out Road Corp obtained a new stake in Argo Blockchain during the 2nd quarter well worth $139,000. Hennion & Walsh Asset Management Inc. acquired a new stake in Argo Blockchain through the 2nd quarter well worth $118,000. Private Advisor Group LLC obtained a new stake in Argo Blockchain in the course of the 2nd quarter well worth $52,000. Vident Investment Advisory LLC acquired a new stake in Argo Blockchain during the 1st quarter really worth $657,000. Last but not least, Renaissance Technologies LLC grew its holdings in Argo Blockchain by 632.% in the course of the 1st quarter. Renaissance Technologies LLC now owns 89,300 shares of the firm’s stock well worth $880,000 right after getting an supplemental 77,100 shares through the period of time. Institutional investors and hedge funds own 1.81% of the company’s stock.

Analyst Upgrades and Downgrades

ARBK has been the matter of numerous study analyst reviews. HC Wainwright reduced shares of Argo Blockchain from a “buy” ranking to a “neutral” ranking in a report on Wednesday, December 14th. Barclays decreased shares of Argo Blockchain from an “over weight” ranking to an “equal body weight” ranking and lowered their price tag focus on for the corporation from $7.00 to $3.00 in a report on Monday, October 10th. Compass Point decreased shares of Argo Blockchain from a “buy” ranking to a “neutral” rating in a report on Tuesday, Oct 25th. Roth Cash raised shares of Argo Blockchain from a “promote” ranking to a “neutral” score in a report on Wednesday, January 4th. Ultimately, Jefferies Fiscal Group decreased shares of Argo Blockchain from a “buy” score to a “keep” ranking in a report on Tuesday, November 1st. A single investigation analyst has rated the stock with a offer ranking and seven have issued a hold score to the company. According to knowledge from MarketBeat.com, the enterprise has a consensus score of “Hold” and a consensus value focus on of $9.00.

Argo Blockchain Inventory Up 3.5 %

ARBK opened at $1.47 on Friday. Argo Blockchain plc has a 12 month small of $.36 and a 12 month substantial of $11.65. The firm’s fifty working day uncomplicated transferring common is $.83 and its 200 day easy going average is $2.87.

Argo Blockchain Business Profile

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Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business enterprise worldwide. It engages in mining purpose-created computer systems for cryptographic algorithms. The firm was formerly recognised as GoSun Blockchain Confined and improved its name to Argo Blockchain plc in December 2017.

See Also

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This instant information warn was produced by narrative science technological know-how and economical knowledge from MarketBeat in order to provide viewers with the swiftest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff prior to publication. Please deliver any questions or feedback about this tale to speak to@marketbeat.com.

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