Riot Blockchain Already 9% Up, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and Riot Blockchain‘s pre-market value is already 9.89% up.

Riot Blockchain’s last close was $15.47, 25.08% under its 52-week high of $20.65.

The last session, NASDAQ finished with Riot Blockchain (RIOT) sliding 12.1% to $15.47. NASDAQ slid 0.56% to $15,011.35, after two sequential sessions in a row of losses, on what was a somewhat down trend trading session.

About Riot Blockchain

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; 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; operation of data centers; and maintenance/management of computing capacity. 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 $-1.8.

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 -21.88%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 12.1%, now sitting on 262.01M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Riot Blockchain’s EBITDA is 12.41.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 67.8% and 24.2%, respectively.

Volume

Today’s last reported volume for Riot Blockchain is 58700445 which is 114.51% above its average volume of 27364000.

More news about Riot Blockchain (RIOT).

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