Riot Blockchain Stock Is 9% Up So Far On Wednesday

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) jumped 9.37% to $8.87 at 14:28 EST on Wednesday, following the last session’s upward trend. NASDAQ is rising 1.36% to $11,875.99, after two sequential sessions in a row of losses. This seems, at the moment, an all-around up trend trading session today.

Riot Blockchain’s last close was $8.11, 65.72% 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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 28.6% and a drop 126.7% for the next.

Sales Growth

Riot Blockchain’s sales growth is negative 39.1% for the present quarter and negative 10.4% for the next.

More news about Riot Blockchain (RIOT).

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