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Riot Blockchain, Inc is currently in a long term uptrend where the price is trading 29.2% above its 200 day moving average.
From a valuation standpoint, the stock is 682.4% more expensive than other stocks from the Technology sector with a price to sales ratio of 197.7.
Riot Blockchain, Inc's total revenue rose by 340.7% to $5M since the same quarter in the previous year.
Its net income has increased by 215.1% to $4M since the same quarter in the previous year.
Finally, its free cash flow fell by 191.7% to $-26M since the same quarter in the previous year.
Based on the above factors, Riot Blockchain, Inc gets an overall score of 3/5.
CurrencyCode | USD |
---|---|
Exchange | NASDAQ |
Sector | Financial Services |
Industry | Capital Markets |
ISIN | US7672921050 |
Market Cap | 2B |
---|---|
Target Price | 10.23 |
PE Ratio | None |
Dividend Yield | 0.0% |
Beta | 4.25 |
Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners. In addition, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy; operation of data centers; and maintenance/management of computing capacity. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado.
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