Riot Blockchain Inc (NASDAQ:RIOT) CEO Sells $869,257.63 in Stock

Riot Blockchain Inc (NASDAQ:RIOT) CEO John R. O’rourke III sold 30,383 shares of the business’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $28.61, for a total value of $869,257.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Riot Blockchain Inc (NASDAQ RIOT) traded up $1.03 during trading hours on Friday, reaching $21.88. The company’s stock had a trading volume of 1,674,948 shares, compared to its average volume of 9,620,000. The stock has a market cap of $211.36, a price-to-earnings ratio of -11.40 and a beta of 2.99. Riot Blockchain Inc has a fifty-two week low of $3.02 and a fifty-two week high of $46.20.

Riot Blockchain (NASDAQ:RIOT) last released its quarterly earnings results on Monday, November 13th. The technology company reported ($0.99) earnings per share (EPS) for the quarter. Riot Blockchain had a negative net margin of 11,828.57% and a negative return on equity of 82.70%.

Separately, BidaskClub lowered Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 30th.

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About Riot Blockchain

Riot Blockchain Inc, formerly Bioptix, Inc, intends to gain exposure to the block chain ecosystem through targeted investments in the sector, with a primary focus on the bitcoin and Ethereum blockchains. The Company also provides Enhanced Surface Plasmon Resonance (SPR) platform for the detection of molecular interactions.

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