For the readers interested in the stock health of Riot Blockchain Inc. (RIOT). It is currently valued at $7.90. When the transactions were called off in the previous session, Stock hit the highs of $7.13, after setting-off with the price of $6.75. Company’s stock value dipped to $6.6193 during the trading on the day. When the trading was stopped its value was $7.05.Recently in News on March 3, 2023, Riot Announces February 2023 Production and Operations Updates. Riot Achieves New All-Time High Hash Rate Capacity in February 2023. You can read further details here
Riot Blockchain Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $23.66 on 03/28/22, with the lowest value was $3.25 for the same time period, recorded on 12/28/22.
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Riot Blockchain Inc. (RIOT) full year performance was -51.80%
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 -66.61% during the 52-week period from high price, and 143.08% 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 $3.25 and $23.66.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 14883170 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 133.04%, having the revenues showcasing 90.36% 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 1.23B, as it employees total of 489 workers.
Analysts verdict on Riot Blockchain Inc. (RIOT)
During the last month, 10 analysts gave the Riot Blockchain Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 5.44, with a change in the price was noted +1.96. In a similar fashion, Riot Blockchain Inc. posted a movement of +33.62% for the period of last 100 days, recording 13,642,443 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): Technical Analysis
Raw Stochastic average of Riot Blockchain Inc. in the period of last 50 days is set at 96.24%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 94.27%. In the last 20 days, the company’s Stochastic %K was 85.45% and its Stochastic %D was recorded 78.56%.
Let’s take a glance in the erstwhile performances 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 133.04%. Additionally, trading for the stock in the period of the last six months notably improved by 7.05%, alongside a downfall of -51.80% for the period of the last 12 months. The shares increased approximately by 49.06% in the 7-day charts and went up by 18.62% in the period of the last 30 days. Common stock shares were driven by 90.36% during last recorded quarter.