Less Than Six Hours Before The Market Open, Riot Blockchain Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than six hours and Riot Blockchain‘s pre-market value is already 4.95% up.

Riot Blockchain’s last close was $6.66, 71.85% below its 52-week high of $23.66.

The last session, NASDAQ ended with Riot Blockchain (RIOT) rising 12.88% to $6.66. NASDAQ jumped 0.92% to $12,070.59, after three consecutive sessions in a row of gains, on what was a somewhat bullish trend trading session.

About Riot Blockchain

Riot Blockchain, 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. Riot Blockchain, Inc. was incorporated in 2000 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 -36.5%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 87.5% and 95.2%, respectively.

Sales Growth

Riot Blockchain’s sales growth for the next quarter is negative 5.6%.

Moving Average

Riot Blockchain’s value is way higher than its 50-day moving average of $4.85 and higher than its 200-day moving average of $6.40.

More news about Riot Blockchain (RIOT).

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