Riot Blockchain Stock Bullish By 30% In The Last 5 Sessions

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) rose by a staggering 30.16% in 5 sessions from $5.47 at 30.16, to $7.12 at 12:00 EST on Thursday, after four sequential sessions in a row of gains. NASDAQ is falling 0.66% to $11,991.44, after three consecutive sessions in a row of gains.

Riot Blockchain’s last close was $6.66, 71.85% below 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%.

Moving Average

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

More news about Riot Blockchain (RIOT).

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