Riot Blockchain Inc. (NASDAQ: RIOT) is 108.93% higher on its value in year-to-date trading and has touched a low of $0.51 and a high of $3.31 in the current 52-week trading range. The RIOT stock was last observed hovering at around $2.34 in the recent trading session, with the current loss setting it -0.02% off its average median price target of $3.50 for the next 12 months. It is also 33.71% off the consensus price target high of $3.50 offered by 1 analysts, but current levels are 33.71% higher than the price target low of $3.50 for the same period.
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At last check, trading at $2.32, the stock is 0.37% and 8.70% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.75 million and changing -0.81% at the moment leaves the stock 51.33% off its SMA200. RIOT registered -8.24% loss for a year compared to 6-month gain of 70.80%. The firm has a 50-day simple moving average (SMA 50) of $2.3521 and a 200-day simple moving average (SMA200) of $1.5277.
The stock witnessed a -10.69% loss in the last 1 month and extending the period to 3 months gives it a 118.69%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.10% over the week and 12.85% over the month.
Riot Blockchain Inc. (RIOT) has around 6 employees, a market worth around $82.56M and $7.80M in sales. Distance from 52-week low is 354.21% and -29.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.30%).
Riot Blockchain Inc. (RIOT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Riot Blockchain Inc. (RIOT) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Riot Blockchain Inc. is expected to release its quarterly report on 08/07/2020 and quarterly earnings per share for the current quarter are estimated at -$0.17 with sales reaching $1.9M over the same period.The EPS is expected to grow by 76.40% this year. Quarterly sales are estimated to shrink -5.00% in year-over-year returns.
Riot Blockchain Inc. (RIOT) Top Institutional Holders
40 institutions hold shares in Riot Blockchain Inc. (RIOT), with 310.18k shares held by insiders accounting for 0.90% while institutional investors hold 8.78% of the company’s shares. The shares outstanding are 34.54M, and float is at 32.88M with Short Float at 23.60%. Institutions hold 8.70% of the Float.
Riot Blockchain Inc. (RIOT) Insider Activity
A total of 6 insider transactions have happened at Riot Blockchain Inc. (RIOT) in the last six months, with sales accounting for 2 and purchases happening 4 times.
Riot Blockchain Inc. (RIOT): Who are the competitors?
The company’s main competitors (and peers) include Chembio Diagnostics Inc. (CEMI) that is trading -24.66% down over the past 12 months. Short interest in the company’s stock has risen 11.6% from the last report on May 14, 2020 to stand at a total of 6.86 million short shares sold with a short interest ratio of 1.16.