Less Than One Hour Before The Market Open, Riot Blockchain Is Down By 4%

(VIANEWS) – The NASDAQ opens in less than one hour and Riot Blockchain‘s pre-market value is already 4.71% down.

Riot Blockchain’s last close was $11.47, 44.46% under its 52-week high of $20.65.

The last session, NASDAQ ended with Riot Blockchain (RIOT) dropping 6.29% to $11.47. NASDAQ jumped 0.11% to $16,396.83, following the last session’s upward trend on what was a somewhat positive trend exchanging session.

About Riot Blockchain

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity. In addition, the company engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial, and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado.

Earnings Per Share

As for profitability, Riot Blockchain has a trailing twelve months EPS of $-0.28.

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 -3.25%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 39.4% and a drop 35.3% for the next.

More news about Riot Blockchain (RIOT).

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