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Riot Blockchain Stock Went Down By Over 9% So Far On Thursday

ViaNews Editorial Team

February 9, 2023

Riot Blockchain Stock Went Down By Over 9% So Far On Thursday

(VIANEWS) - Shares of Riot Blockchain (NASDAQ: RIOT) fell 9.82% to $5.88 at 14:29 EST on Thursday, after five consecutive sessions in a row of losses. NASDAQ is falling 0.33% to $11,870.94, following the last session's downward trend. This seems, at the moment, a somewhat down trend trading session today.

Riot Blockchain's last close was $6.52, 72.44% under 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.

Sales Growth

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

Yearly Top and Bottom Value

Riot Blockchain's stock is valued at $5.88 at 14:29 EST, way below its 52-week high of $23.66 and way higher than its 52-week low of $3.25.

More news about Riot Blockchain (RIOT).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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