(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) dropped by a staggering 16.52% in 5 sessions from $6.6 at -16.52, to $5.51 at 19:27 EST on Sunday, after five consecutive sessions in a row of losses. NASDAQ is sliding 0.61% to $11,718.12, after three consecutive sessions in a row of losses.
Riot Blockchain’s last close was $5.51, 76.71% 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%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 87.5% and 95.2%, respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Riot Blockchain’s stock is considered to be overbought (>=80).
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