U.S. markets close in 43 minutes

Riot Blockchain, Inc. (RIOT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
3.7900-0.1200 (-3.07%)
As of 3:15PM EDT. Market open.
Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Commodity Channel Index

Commodity Channel Index

Previous Close3.9100
Open3.9800
Bid3.8200 x 1200
Ask3.8300 x 2200
Day's Range3.6100 - 4.0300
52 Week Range0.5110 - 4.5800
Volume6,311,814
Avg. Volume9,928,160
Market Cap185.417M
Beta (5Y Monthly)3.25
PE Ratio (TTM)N/A
EPS (TTM)-0.7230
Earnings DateNov 10, 2020 - Nov 16, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateOct 12, 2017
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Implied Volatility Surging for Riot Blockchain (RIOT) Stock Options
    Zacks

    Implied Volatility Surging for Riot Blockchain (RIOT) Stock Options

    Investors need to pay close attention to Riot Blockchain (RIOT) stock based on the movements in the options market lately.

  • 3 Small-Cap Bitcoin Stocks That Could Benefit From Square's Purchase
    Benzinga

    3 Small-Cap Bitcoin Stocks That Could Benefit From Square's Purchase

    On Thursday, Square (NYSE: SQ) announced it's investing million in bitcoin, the largest cryptocurrency. CEO Jack Dorsey calls bitcoin the most viable currency for the internet.Chamath Palihapitiya discussed bitcoin at the Benzinga Boot Camp recently. He invested $1 million in bitcoin in 2012 through a friend's recommendation and later bought more after doing due diligence.Palihapitiya has since sold his bitcoin and now invests in the cryptocurrency through companies that own coins: "It's easier to manage shares instead of individual coins or wallets," he said.The move by Square has put bitcoin in the spotlight yet again. Below are three companies that own physical shares of bitcoins and are seeing gains Thursday.Riot Blockchain: The portfolio of Riot Blockchain (NASDAQ: RIOT) is invested in companies associated with blockchain and also is a producer of bitcoins.The company aims to "be one of the largest and lowest-cost producers of bitcoin in North America."In the first six months of fiscal 2020, Riot produced 508 new bitcoins. The company also saw its mining margin increase to 33.5% compared to 20.5% in the prior year.Riot is investing heavily in increasing mining capacity. The company has 1,000 next-generation miners scheduled for delivery in November. The company also has 8,000 more to be installed over the first four months of 2021.Riot has a current deployed hash rate capacity of 456 PH/s utilizing 16.3 MW of energy. By May 2021, the company will see these figures rise to 1,446 PH/s utilizing 46 MW of energy.Hive Blockchain Technologies: In the last fiscal year, Hive Blockchain Technologies (OTC: HVBTF) achieved profitability for the first time.The company assumed direct responsibility for cryptocurrency from a partner in a move to cut costs and help margins. Hive also shut down its cloud-mining operations for bitcoin in favor of a new method."Today, with the assumption of full control of our operations completed, HIVE stands as one of the largest publicly listed cryptocurrency miners globally," the company says.Hive acquired its own bitcoin mining operations in Canada and has been scaling the business through acquisitions and next-generation mining equipment.The last fiscal year saw Hive mine 2,051 bitcoin. The company began using next-generation mining equipment for bitcoin in May.Along with bitcoin, Hive is also a large player in the Ethereum cryptocurrency. In the last fiscal year, the company mined 71,660 Ethereum and 148,796 Ethereum Classic.MicroStrategy: The cloud business of MicroStrategy Inc (NASDAQ: MSTR) is declining, but the company is making news for its investment in bitcoins.CEO Michael Saylor believes bitcoins are superior to cash and gold. The company decided to spend its $500 million in cash on share buybacks and investing in bitcoin.Bitcoin "is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash," Saylor said.Saylor also foreshadowed a move like Square made Thursday predicting, "it will probably be private companies first, then public companies our size, then mid-sized companies."Through investments in August and September, MicroStrategy bought 38,250 bitcoin, spending $425 million on the currency. The average price is $11,111 for the bitcoin purchased.The company plans on buying bitcoin with its cash from operations.Benzinga's Take: Coindesk reports that Fidelity, Schwab and Vanguard have all increased their holdings in Riot and Hive. Schwab owns $52,000 of Riot Blockchain stock. Vanguard has $2.1 million invested in Riot Blockchain. Fidelity has $230,000 invested in Riot Blockchain and $1 million in Hive Blockchain.These three stocks offer a way for investors to get exposure to bitcoin without having to open a wallet or a cryptocurrency account. All three are small-cap stocks and could have high risk/high reward based on the valuation of bitcoin.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Lloyd Blankfein Blames SPACs, Free Money For Bubble Territory * Charges Brought In Militia Plot To Violently Overthrow Michigan Governor(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Riot Blockchain Continues Hash Rate Expansion to 2.3 EH/s and Provides Deployment Update
    PR Newswire

    Riot Blockchain Continues Hash Rate Expansion to 2.3 EH/s and Provides Deployment Update

    Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot", "Riot Blockchain" or the "Company"), continues its operational expansion with the purchase of an additional 2,500 next generation S19 Pro Antminer (110 TH/s) cryptocurrency miners for USD $6.1 million from BitmainTech PTE. LTD. ("Bitmain"), scheduled for receipt and deployment delivery in December 2020.