(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) jumped by a staggering 15.8% to $9.38 at 14:46 EST on Thursday, following the last session’s downward trend. NASDAQ is rising 1.24% to $11,814.57, after three successive sessions in a row of gains. This seems, at the moment, an all-around positive trend trading session today.
Riot Blockchain’s last close was $8.84, 62.64% under 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%.
Yearly Top and Bottom Value
Riot Blockchain’s stock is valued at $9.38 at 14:46 EST, way under its 52-week high of $23.66 and way above its 52-week low of $3.25.
Sales Growth
Riot Blockchain’s sales growth is negative 39.1% for the present quarter and negative 10.4% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Riot Blockchain’s stock is considered to be oversold (<=20).
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