Headlines about Riot Blockchain (NASDAQ:RIOT) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, 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 articles about the technology company an impact score of 44.3354362097589 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern’s scoring:
Riot Blockchain (NASDAQ:RIOT) opened at $19.91 on Friday. Riot Blockchain has a 12-month low of $3.02 and a 12-month high of $46.20.
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 net margin of 11,828.57% and a negative return on equity of 82.70%.
Separately, BidaskClub downgraded Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 30th.
In related news, CEO John R. O’rourke III sold 30,383 shares of the stock in a transaction that occurred on Friday, December 29th. The stock was 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 available through the SEC website. 2.40% of the stock is owned by corporate insiders.
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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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