Riot Blockchain, Inc. focuses on building, supporting, and operating blockchain technologies, primarily through its cryptocurrency mining operations and other developed businesses, as well as joint ventures, acquisitions, and targeted investments in the sector. Its primary focus is on Bitcoin and general blockchain technology. The company leverages its expertise and network to build and support blockchain technology companies. It builds a cryptocurrency mining operation and operates specialized computers that generate cryptocurrency, primarily Bitcoin. The company also holds interests in various activities, including purchasing and selling cryptocurrencies; providing accounting, audit, and verification services for blockchain based assets, such as cryptocurrencies; and developing TessPay, a payments ecosystem for component and sub-component supply chain settlements, and other blockchain solutions for telecommunications companies. As of March 31, 2018, approximately 3,500 of the miners were installed and operating. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was founded in 2000 and is based in Castle Rock, Colorado.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Diagnostic substances
Sub-IndustryN/A
SectorBusiness Services
SymbolNASDAQ:RIOT
CUSIPN/A
Phone303-794-2000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.90
Quick Ratio2.90
Price-To-Earnings
Trailing P/E Ratio-2.45
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$170,000.00
Price / Sales533.96
Cash FlowN/A
Price / CashN/A
Book Value$3.60 per share
Price / Book1.85
Profitability
EPS (Most Recent Fiscal Year)($2.71)
Net Income$-19,840,000.00
Net Margins-2,726.37%
Return on Equity-125.99%
Return on Assets-97.12%
Miscellaneous
Employees9
Outstanding Shares13,650,000
Market Cap$94.97 million
Riot Blockchain (NASDAQ:RIOT) Frequently Asked Questions
What is Riot Blockchain's stock symbol?
Riot Blockchain trades on the NASDAQ under the ticker symbol "RIOT."
How often does Riot Blockchain pay dividends? What is the dividend yield for Riot Blockchain?
Riot Blockchain declared a special dividend on Thursday, October 5th. Shareholders of record on Friday, October 13th will be paid a dividend of $1.00 per share on Wednesday, October 18th. The ex-dividend date of this dividend is Thursday, October 12th. View Riot Blockchain's Dividend History.
How were Riot Blockchain's earnings last quarter?
Riot Blockchain Inc (NASDAQ:RIOT) announced its earnings results on Thursday, May, 17th. The technology company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.09. The technology company earned $0.93 million during the quarter, compared to analysts' expectations of $1.50 million. Riot Blockchain had a negative net margin of 2,726.37% and a negative return on equity of 125.99%. View Riot Blockchain's Earnings History.
When is Riot Blockchain's next earnings date?
What price target have analysts set for RIOT?
1 analysts have issued 12 month price targets for Riot Blockchain's shares. Their predictions range from $10.00 to $10.00. On average, they expect Riot Blockchain's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 50.4% from the stock's current price. View Analyst Price Targets for Riot Blockchain.
What is the consensus analysts' recommendation for Riot Blockchain?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Riot Blockchain in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Riot Blockchain.
What are Wall Street analysts saying about Riot Blockchain stock?
Here are some recent quotes from research analysts about Riot Blockchain stock:
- 1. According to Zacks Investment Research, "Riot Blockchain, Inc. leverages its expertise and network to build and support blockchain technology companies. It is establishing an Advisory Board with technical experience intending to become a leading authority and supporter of blockchain, while providing investment exposure to the rapidly growing blockchain ecosystem. Riot Blockchain, Inc., formerly known as Bioptix, Inc., is based in CASTLE ROCK, United States. " (7/19/2018)
- 2. HC Wainwright analysts commented, "for a Exchange NASDAQ Value (M) $58.3 Market Cap (M) $100 Shares Outstanding (M) 13.4 3 Interest (M) 2.77 Cash (M) $41.7 Total Debt (M) $0.0 FY17 financial data, based on Bioptix consistent biotech- related losses, is not relevant to Riot’s current bitcoin/blockchain focus. FY19E not yet available given unproven digital currency exchange business model." (5/11/2018)
Who are some of Riot Blockchain's key competitors?
Some companies that are related to Riot Blockchain include Oxford Immunotec Global (OXFD), Nymox Pharmaceutical (NYMX), Trinity Biotech (TRIB), Celldex Therapeutics (CLDX), Vermillion (VRML), ImmuCell (ICCC), Akers Biosciences (AKER), Arca Biopharma (ABIO), Achieve Life Sciences (ACHV), GeneNews (GNWSF), Fluoropharma Medical (FPMI), BG Medicine (BGMD), Response Genetics (RGDXQ) and Palatin Technologies (PTN).
Who are Riot Blockchain's key executives?
Riot Blockchain's management team includes the folowing people:
- Mr. John R. O'Rourke III, CEO, Pres & Chairman (Age 32)
- Mr. Jeffrey G. McGonegal, Consultant (Age 67)
- Mr. Sai Kit Chang M.B.A., Chief Financial Officer (Age 40)
- Mr. Christopher Ensey, Chief Operating Officer (Age 37)
- Dr. Lyndal K. Hesterberg Ph.D., Consultant
Has Riot Blockchain been receiving favorable news coverage?
Media coverage about RIOT stock has been trending positive recently, according to Accern. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Riot Blockchain earned a daily sentiment score of 0.46 on Accern's scale. They also assigned media headlines about the technology company an impact score of 50.50 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View Recent Headlines for Riot Blockchain.
Who are Riot Blockchain's major shareholders?
Riot Blockchain's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.17%) and Equitec Specialists LLC (0.24%). Company insiders that own Riot Blockchain stock include Barry C Honig and John R O'rourke III. View Institutional Ownership Trends for Riot Blockchain.
Which institutional investors are selling Riot Blockchain stock?
Which institutional investors are buying Riot Blockchain stock?
How do I buy shares of Riot Blockchain?
Shares of RIOT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Riot Blockchain's stock price today?
One share of RIOT stock can currently be purchased for approximately $6.65.
How big of a company is Riot Blockchain?
Riot Blockchain has a market capitalization of $94.97 million and generates $170,000.00 in revenue each year. The technology company earns $-19,840,000.00 in net income (profit) each year or ($2.71) on an earnings per share basis. Riot Blockchain employs 9 workers across the globe.
How can I contact Riot Blockchain?
Riot Blockchain's mailing address is 202 6TH STREET SUITE 401, CASTLE ROCK CO, 80104. The technology company can be reached via phone at 303-794-2000 or via email at [email protected]
MarketBeat Community Rating for Riot Blockchain (NASDAQ RIOT)
MarketBeat's community ratings are surveys of what our community members think about Riot Blockchain and other stocks. Vote "Outperform" if you believe RIOT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RIOT will underperform the S&P 500 over the long term. You may vote once every thirty days.
