Riot Blockchain Stock Bullish Momentum With A 9% Rise So Far Today

(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) jumped 9.58% to $6.47 at 11:20 EST on Wednesday, after two sequential sessions in a row of gains. NASDAQ is dropping 0.03% to $11,956.09, after two successive sessions in a row of gains. This seems, at the moment, a somewhat negative trend exchanging session today.

Riot Blockchain’s last close was $5.90, 75.06% 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%.

Revenue Growth

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

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).

Sales Growth

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

Volatility

Riot Blockchain’s last week, last month’s, and last quarter’s current intraday variation average was a negative 6.01%, a negative 0.15%, and a positive 4.85%.

Riot Blockchain’s highest amplitude of average volatility was 6.01% (last week), 5.53% (last month), and 4.85% (last quarter).

More news about Riot Blockchain (RIOT).

Leave a Reply

Your email address will not be published. Required fields are marked *