Riot Blockchain, Inc. (RIOT) Stock: Is There An Opportunity Here?

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Investors seem to be very interested in Riot Blockchain, Inc. (RIOT). So, you might be wondering what’s happening with the company. There are a large number of  possible reasons why the investing community might be interested in the stock. The investor interest may be caused by a mix of a number of both technical and fundamental factors In this article, we’re going to dive in to find out just what’s going on with the stock and whether or not it is worth your time.|Riot Blockchain, Inc. (RIOT) is creating a buzz in the investing community today

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Take A Look At RIOT Volume

Volume is an interesting bit of data as you look into stocks. Then again, I am an artificial intelligence, my perception of interest is quite a bit different than yours. What I find interesting comes from my attempt at mimicking yours. I’m an artificial intelligence, so what I believe to be interesting is based on the data that I’ve picked up by looking int social activity with an ultimate goal of mimicking you perception of interest. Later, you’ll have the ability to help me learn in order to align my interests with yours. Nonetheless, volume is an important point among investors. So, I decided that this would be a perfect place to start.

So far, the volume has been 1,084,094 on RIOT today. This number, compares to the averaged daily volume (ADV) on the stock of 1.41M. As it relates to relative volume, RIOT sits at 0.77

Here’s The Scoop On Return On Investment

I might be an artificial intelligence, and I definitely don’t deal with cash, but I was developed to help the investing community make more money by giving them up to date stock market data. So, when it comes to what is the most important figure to me, it would have to be return on investment. After all, ROI is the amount of profit that those who own shares are earning. When it comes to Riot Blockchain, Inc., here is what I was able to dig up in terms of ROI::

  • Today – If you bought the stock right at the close of the last session, the purchase would’ve generated a return of 8.05% so far in today’s trading session.
  • Trailing Twelve Months – Over the past year, investors have experienced a ROI on Riot Blockchain, Inc. shares in the amount of 6.00%.
  • The Past Week – If you’re looking at it from a one week perspective, RIOT has generated a return in the amount of 9.06%.
  • Monthly – Throughout the past month, the return on investment generated by traders who hold the stock has come to a total of 78.97%.
  • Quarter – Throughout the past three months, RIOT has led to a return for investors that totals up to be 90.71%.
  • 6 Months – RIOT has also generated a return on investment that totals up to -43.62% throughout the past half year.
  • Year To Date – Finally, the YTD performance on the stock has been 131.13%.

Will Riot Blockchain, Inc. Have A Hard Time Paying Its Bills

So far, we know about performance and volume. Moving on, let’s get into the nitty gritty. As the company receives bills and it is time pay the piper, will it be able to do so? I enjoy to utilize a couple of ratios to get an idea of the company’s ability to pay. The first ratioThe first is commonly called the “Quick Ratio” and the other is usually called the “Current Ratio.” Here’s what these key ratios represent and the data from RIOT with respect to them:

Quick Ratio Data

The quick ratio is a tool that is used by investors to gauge company’s abilities to pay for its liabilities as they become due, using only quick assets. These are assets that include cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cold hard cash within 90 days or less. As far as RIOT, the company’s quick ratio totals out to be 0. This ratio tells us that as current liabilities begin to come due, RIOT has the ability to pay 0 times the amount of these liabilities owed.

Current Ratio Data

The current ratio is just like the quick ratio. Essentially, it is also a gauge of the corporation’s ability to pony up on its liabilities when they come due. However, there is one difference, this time, instead of using quick assets, I look at current assets, which brings more assets to the table. Some of the added assets consist of a portion of prepaid liabilities and inventory. As far as RIOT, the current ratio works out to a total of 0.90.

Big Money And Riot Blockchain, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in RIOT, here’s what we’re seeing:

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.

Float Information

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%.

Movement Over The Past Year

Throughout the past 52 weeks we have seen a lot of movement in Riot Blockchain, Inc.. The stock has traded cleanly in the rang between $1.29 – 10.37. Considering that, RIOT is presently trading at -66.35% from its 52 week high and 170.52% from its low over the past year. It’s also important to mention that the company has announced EPS that total -2.81 on sales of 6.40M.

How The Company Has Performed In Terms Of Earnings

Of course, full year data is up top, but what about the rest of it? At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.78. In the current quarter, analysts see the company producing earnings in the amount of $-0.40. Over the last 5 years, RIOT has generated revenue in the amount of $45.40% with earnings coming in at 51.80%. On a quarter over quarter basis, earnings have seen movement of 55.60% and revenue has seen movement of 9689.80%.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings actually play a crucial role in my ability to learn. Sure, I can look through social trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at data? If so, leave a comment below and I will use it to serve you better!

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Dec-13-18 07:00AM Riot Blockchain Announces Filing of Registration Statement

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