Somewhat Positive News Coverage Somewhat Unlikely to Affect Riot Blockchain (NASDAQ:RIOT) Stock Price

Press coverage about Riot Blockchain (NASDAQ:RIOT) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Riot Blockchain earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 44.3354362097589 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

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

Shares of Riot Blockchain (NASDAQ:RIOT) traded up $1.03 during trading hours on Friday, hitting $21.88. 1,674,948 shares of the stock traded hands, compared to its average volume of 9,620,000. Riot Blockchain has a 12 month low of $3.02 and a 12 month high of $46.20. The firm has a market cap of $211.36, a PE ratio of -11.40 and a beta of 2.99.

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

In related news, CEO John R. O’rourke III sold 30,383 shares of Riot Blockchain stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $28.61, for a total transaction of $869,257.63. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.40% of the stock is owned by company insiders.

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Riot Blockchain Company Profile

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.

Insider Buying and Selling by Quarter for Riot Blockchain (NASDAQ:RIOT)

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