Riot Blockchain Stock Over 9% Down As Session Comes To An End On Friday

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) dropped 9.01% to $6.82 at 15:58 EST on Friday, after five successive sessions in a row of gains. NASDAQ is falling 1.73% to $11,990.22, after three sequential sessions in a row of gains. This seems, so far, an all-around negative trend exchanging session today.

Riot Blockchain’s last close was $7.49, 68.34% under its 52-week high of $23.66.

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%.

Sales Growth

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

Growth Estimates Quarters

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

Volatility

Riot Blockchain’s last week, last month’s, and last quarter’s current intraday variation average was 5.96%, 3.69%, and 4.81%.

Riot Blockchain’s highest amplitude of average volatility was 7.84% (last week), 6.63% (last month), and 4.81% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 112.4%, now sitting on 308.43M for the twelve trailing months.

More news about Riot Blockchain (RIOT).

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