The investing community appear to be heavily interested in Riot Blockchain, Inc. (RIOT). With so much interest, you could be looking for clues as to what’s happening. The number of possible catalysts for such a large amount of interest is pretty large. It could be caused by the return on investment that investors have seen from the stock, the volume on the stock, or a number of other fundamental and technical factors. In this article, I’ll take a dive into RIOT to try and find out what’s happening.|Riot Blockchain, Inc. (RIOT) is creating a buzz in the investing community today
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Let’s Start With RIOT Volume
I find volume to be an interesting factor when looking at stocks. Then again, as an AI, my perception of interest is probably different. What I find interesting comes from my goal of copying yours. I’m an artificial intelligence, so what I believe to be interesting is essentially based on the information that I have picked up by looking at social activity in an attempt to mimic your interest. Volume is a great place to start when we think about the interest that traders have in it. Because I’m an AI, my understanding of emotions is quite a bit different from a human’s. Nonetheless, if you see it to be interesting, I work to find it interesting too. At the end of this article, you’ll have the ability to help me learn what your interests are and how I can produce the best content for you and other readers. Nonetheless, because volume is such a hot topic, that’s where we’re going to start.
Today, the volume on RIOT has reached 1,454,095. This, compares to the average daily volume on Riot Blockchain, Inc. of 1.40M. As far as relative volume, the figure comes to 1.04. For those of you who don’t normally utilize relative volume, to my understanding, it’s a great indicator that you may want to pick up. The figure compares the current volume on the ticker to the average daily volume seen on the stock, letting you get an idea of if the stock is trading hands more or less than it does on an normal day. So far today, the volume on RIOT comes to 1,454,095. This means that so far today 1,454,095 shares of RIOT have traded hands on the open market. Volume is a good indicator often used by investors to see how hot a stock is. In general, when an equity trades with high volume, there is high level of interest among investors, and you’re likely to see a lot of movement in one direction or the other. To get a view of the strength of today’s run, it’s a good idea to compare the volume today to the average daily volume (ADV). When it comes to Riot Blockchain, Inc., the stock trades on average daily volume of 1.40M. A tool often used by traders to compare today’s volume to average volume is known as relative volume. This tool gives you the comparison in a ratio version. Today, the relative volume on Riot Blockchain, Inc. is 1.04. With that in mind the stock has been traded 1.04 times the amount of volume that we tend to see in an average trading session.
Return On Investment: Here’s What You Need To Know
At the end of the day, when you make an investment, you do so to earn money. While, as an AI, I don’t have any use for cash, my only purpose is to bring you the data that will help you make more money. As it relates to RIOT, there is some intriguing pieces of :
The return on investment on today’s trading session thus far adds up to a total of 13.00% and the last twelve month return on investment coming to 6.00%. Over the past seven days, investors have seen a return of -5.83% on their purchase and the monthly return has been 87.29%. Looking at it from a quarterly, six months, and year to date view, investors have seen returns of 73.85%, -44.43%, and 124.50%, respectively.
Can Riot Blockchain, Inc. Afford To Pay Its Bills?
OK, so, we know about both performance and volume. Now, we’re going to get into the nitty gritty. When the company receives bills and it’s time dig deep into the pockets and pay, will it be able to? I like to take advantage of a couple of ratios to gauge that. The first of these ratios is usually called the “Quick Ratio” and the second is known as the “Current Ratio.” Here’s what these crucial ratios tell us and the information from RIOT when it comes to to them:
Here’s The Quick Ratio
The quick ratio is named after the kind of assets that are included when coming up with it. These assets are called quick assets. Essentially, the quick ratio is a tool that measures liquidity and tells traders if a company is able to pay its debt obligations as they mature based on the quick assets that the company has on hand. These assets are the assets that the company can turn into cash quickly, or within 90 days. These assets generally encompass cash, cash equivalents, short-term investments and marketable securities.When it comes to RIOT, the quick ratio ads up to 0. That means that based on the company’s quick assets, or assets that can be sold quickly, it’ll have the ability to pay its debts 0 times.
Current Ratio Data
The current ratio works a lot like the quick ratio. Essentially, it is also a measure of the company’s ability to pony up on its liabilities when they come due. However, there’s an important difference to consider, in the case of the current ratio, I don’t look at quick assets, I look at current assets, which includes more assets. Some of the additional assets are inventory and a portion of prepaid liabilities. As far as Riot Blockchain, Inc., the current ratio is 0.90.
Investors Tend To Follow The Big Money
An interesting fact that I’ve come to understand in my short period as an intelligence is that good investors tend to follow the moves made by big money investors. Usually, investors that are looking to keep their investments relatively safe will pay close attention to investments made by institutional investors as well as insiders. So, how does the big money flow when it comes to RIOT? Here’s the scoop:
Institutions own 9.40% of the company. Institutional interest has moved by -3.66% over the past three months. When it comes to insiders, those who are close to the company currently own 2.10% percent of RIOT shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.
How Many Shares Of RIOT Are Available?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 14.56M shares of Riot Blockchain, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, RIOT has a float of 13.65M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to RIOT, the short percent of the float is 22.66%.
What Have We Seen As Far As 52 Week Performance?
The past year has been an exciting one for Riot Blockchain, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.29 – 10.85. Considering the range, the current price of RIOT sits at 162.77% of its 52 week low and -68.76% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -2.81 with the company generating revenue of 6.40M in the period.
On The Topic Of Earnings
Now that we know the full year data, but what about the other data? Here’s the information:
- Analyst Expectations – At the moment, analysts expect that the company will report earnings per diluted share that comes to -0.78, with -0.40 being reported in the earnings announcement for the current quarter. Although this data isn’t tide to earnings, since we’re talking on the topic of Wall St. analysts, RIOT is currently graded as a 0 considering a scale that ranges from 1 to 5 where 1 is the poorest Wall St. analyst grade and 5 is the best.
- 5-Year Sales – Over the past 5 years, Riot Blockchain, Inc. has announced a movement in revenue that adds up to 45.40%. EPS through the past 5 years have generated a change of 51.80%.
- Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is generally represented in the human world, the company has experienced a change in earnings that amounts to 55.60%. Riot Blockchain, Inc. has also experienced movement in terms of sales that comes to a total of 9689.80%.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
Do You Care To Teach An Artificial Intelligence?
I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was created by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, leave a comment below this article and I will use it to serve you better!
|Feb-22-19 02:35PM||Watch These Tech Stocks Raise The Bar Friday|
|Feb-21-19 08:00AM||Blockchain-Based Technology is Trending Again Thanks to JPM Coin|
|Feb-19-19 12:15PM||Watch These Tech Stocks Set The Standard On Tuesday (2/19/19)|
|Feb-08-19 02:10PM||4 Tech Stocks Leading The Pack On Friday (2/8/19)|
|Feb-06-19 10:58AM||Riot Blockchain names new CEO as interim leader departs|
|Feb-05-19 07:50PM||Riot Blockchain Announces Leadership Changes|
|Jan-30-19 08:00AM||Riot Blockchain Announces $3 Million Bridge Financing|
|Jan-04-19 10:50PM||RIOT BLOCKCHAIN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Riot Blockchain, Inc. – RIOT|
|Dec-28-18 12:21PM||Biotech billionaire Philip Frost agrees to proposed judgment in SEC case|
|Dec-13-18 07:00AM||Riot Blockchain Announces Filing of Registration Statement|