(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) jumped by a staggering 28.71% in 21 sessions from $6.34 at 2023-03-03, to $8.16 at 09:47 EST on Monday, after four sequential sessions in a row of gains. NASDAQ is dropping 0.74% to $11,630.51, following the last session’s downward trend.
Riot Blockchain’s last close was $8.10, 65.77% 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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Riot Blockchain’s stock is considered to be oversold (<=20).
Moving Average
Riot Blockchain’s value is way higher than its 50-day moving average of $5.80 and way above its 200-day moving average of $6.00.
Volatility
Riot Blockchain’s last week, last month’s, and last quarter’s current intraday variation average was 6.88%, 0.73%, and 5.71%.
Riot Blockchain’s highest amplitude of average volatility was 8.38% (last week), 5.65% (last month), and 5.71% (last quarter).
More news about Riot Blockchain (RIOT).
