Let’s start up with the current stock price of Riot Blockchain Inc. (RIOT), which is $64.76 to be very precise. The Stock rose vividly during the last session to $69.45 after opening rate of $61.00 while the lowest price it went was recorded $59.70 before closing at $71.33.
Recently in News on February 11, 2021, Riot Blockchain Achieves Milestone of 1 EH/s in Hash Rate Capacity with Receipt and Deployment of 2,002 S19 Pro Antminers. Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”), one of the few NASDAQ-listed bitcoin mining companies in the United States, announced that it will achieve an estimated hash rate capacity of 1.06 Exahash per second (“EH/s”) with the deployment of the newly received 2,002 S19 Pro Antminers. You can read further details here
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Riot Blockchain Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $79.50 on 02/17/21, with the lowest value was $15.35 for the same time period, recorded on 01/05/21.
Riot Blockchain Inc. (RIOT) full year performance was 4492.91%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Riot Blockchain Inc. shares are logging -18.54% during the 52-week period from high price, and 12573.19% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.51 and $79.50.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 52036933 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Riot Blockchain Inc. (RIOT) recorded performance in the market was 281.17%, having the revenues showcasing 1133.52% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.80B, as it employees total of 6 workers.
Riot Blockchain Inc. (RIOT) in the eye of market guru’s
During the last month, 0 analysts gave the Riot Blockchain Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 14.93, with a change in the price was noted +62.02. In a similar fashion, Riot Blockchain Inc. posted a movement of +2,263.50% for the period of last 100 days, recording 24,582,854 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for RIOT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Riot Blockchain Inc. (RIOT): Stocks Technical analysis and Trends
Raw Stochastic average of Riot Blockchain Inc. in the period of last 50 days is set at 79.28%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 76.51%. In the last 20 days, the company’s Stochastic %K was 78.55% and its Stochastic %D was recorded 84.21%.
If we look into the earlier routines of Riot Blockchain Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 281.17%. Additionally, trading for the stock in the period of the last six months notably improved by 1523.06%, alongside a boost of 4492.91% for the period of the last 12 months. The shares increased approximately by 31.41% in the 7-day charts and went down by 234.68% in the period of the last 30 days. Common stock shares were driven by 1133.52% during last recorded quarter.