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Riot Blockchain Stock Bullish By 9% At Session Start On Thursday

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) jumped 9.18% to $7.49 at 10:58 EST on Thursday, after four consecutive sessions in a row of gains. NASDAQ is jumping 1.95% to $12,046.50, after two successive sessions in a row of gains. This seems, as yet, an all-around up trend trading session today.

Riot Blockchain’s last close was $6.86, 71.01% 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%.

Growth Estimates Quarters

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

Sales Growth

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

More news about Riot Blockchain (RIOT).

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