After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Riot Blockchain Inc. (RIOT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.05, or -0.75%, to $6.64. The Riot Blockchain Inc. has recorded 204,237 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Riot Announces February 2023 Production and Operations Updates.
From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio
The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.
Get our free report, "Top 5 AI Stocks to Buy for 2023".
Sponsored
Stocks Info
As a NASDAQ listed company, RIOT falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $6.69 and fluctuated between $7.08 as its day high and $6.35 as its day low. The current market capitalization of Riot Blockchain Inc. is $1.17B. A total of 16.18 million shares were traded on the day, compared to an average of 14.67M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RIOT has seen 0 BUY and 10 SELL insider trades, representing the acquisition of 0 and the disposition of 1,076,595 shares. Over the last 12 months, there were 49 BUYs and 39 SELLs from insiders. Insiders purchased 10,723,515 shares during that period but sold 1,387,862.
In the most recent transaction, D’Ambrosio Lance Varro sold 26,000 shares of RIOT for 6.39 per share on Jan 17. After the transaction, the Director now owns 69,441 company shares. In a previous transaction on Dec 15, Jackman William Richard sold 25,000 shares at 4.00 per share. RIOT shares that EVP & General Counsel owns now total 1,018,389.
Among the insiders who sold shares, Harris Chad Everett disposed of 75,565 shares on Dec 07 at a per-share price of $4.15. This resulted in the EVP, CCO holding 984,942 shares of RIOT after the transaction. In another insider transaction, D’Ambrosio Lance Varro sold 26,000 shares at $6.97 per share on Oct 31. Company shares held by the Director now total 95,441.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. RIOT’s most recent ex-dividend date was 10/12/2017 when it declared a $1.00 quarterly dividend that was paid in cash on 10/18/2017.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RIOT in the last 3 months, the mean price target is $9.34 with high estimates of $12.00 and low estimates of $5.00. In terms of 52-week highs and lows, RIOT has a high of $23.66 and a low of $3.25.
As of this writing, RIOT has an earnings estimate of -$0.15 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.27. The company reported an EPS of -$2.81 in the last quarter, which was -9,466.70% lower than expectations of $0.03.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RIOT is Hold with a score of 4.70. A total of 9 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
