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Riot Blockchain Stock Is 9% Down So Far On Thursday

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) dropped 9.84% to $5.68 at 13:45 EST on Thursday, after two consecutive sessions in a row of gains. NASDAQ is sliding 0.22% to $11,550.74, following the last session’s upward trend. This seems, as yet, a somewhat down trend exchanging session today.

Riot Blockchain’s last close was $6.30, 73.37% below its 52-week high of $23.66.

About Riot Blockchain

Riot Platforms, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is headquartered in Castle Rock, Colorado.

Earnings Per Share

As for profitability, Riot Blockchain has a trailing twelve months EPS of $-0.3.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -36.07%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is 28.6% and a drop 126.7% for the next.

Volatility

Riot Blockchain’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.19%, and 4.79%.

Riot Blockchain’s highest amplitude of average volatility was 2.10% (last week), 3.98% (last month), and 4.79% (last quarter).

More news about Riot Blockchain (RIOT).

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