(VIANEWS) – Shares of Riot Blockchain (NASDAQ: RIOT) slid by a staggering 27.12% in 21 sessions from $5.8 at 2022-11-04, to $4.23 at 14:27 EST on Tuesday, following the last session’s downward trend. NASDAQ is falling 0.47% to $10,997.77, after two sequential sessions in a row of losses.

Riot Blockchain’s last close was $4.25, 89.62% below its 52-week high of $40.95.

About Riot Blockchain

Riot Blockchain, Inc. and its affiliates focuses exclusively on Bitcoin mining in North America. It is present in three segments: Bitcoin Mining, Data Center Hosting and Electrical Products and Engineering. It had approximately 30907 active miners as of December 31, 2021. Riot Blockchain, Inc., was founded in 2000. It is located in Castle Rock, Colorado.

Earnings Per Share

As for profitability, Riot Blockchain has a trailing twelve months EPS of $-0.302.

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

The year-over-year revenue growth was 112.4%. Now, the 12 trailing months are worth 308.43M.

Classification of Stock Prices

The stochastic oscillator is a helpful indicator for overbought or oversold situations.

Riot Blockchain stock is overbought (>=80).

Sales Growth

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

Moving Average

Riot Blockchain is far below its 50-day moving mean of $6.31, and well below its 200 day moving average at $9.70.

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