Riot Blockchain, Inc. [NASDAQ:RIOT]: Analyst Rating and Earnings
Pro stock market traders often keep their attention pointed at what top market analysts have to say regarding a potential equity investment. For Riot Blockchain, Inc. [RIOT] currently, the latest-available mean analyst rating is for the fiscal quarter that will end in December. On average, stock market experts give RIOT an Outperform rating. Its stock price has been found in the range of 2.41 to 18.05. This is compared to its latest closing price of $2.12.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Riot Blockchain, Inc. [RIOT] is sitting at 2.00. This is compared to 1 month ago, when its average rating was 2.00.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for Tue 16 Apr (In 62 Days).
Fundamental Analysis of Riot Blockchain, Inc. [RIOT]
Now let’s turn to look at profitability: with a current Operating Margin for Riot Blockchain, Inc. [RIOT] sitting at -4658.18 and its Gross Margin at -468.96.
This company’s Return on Total Capital is -25.15, and its Return on Invested Capital has reached 6.00%. Its Return on Equity is -51.11, and its Return on Assets is -47.00. These metrics suggest that this Riot Blockchain, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Riot Blockchain, Inc. [RIOT] has generated a Total Debt to Total Equity ratio of 0.28. Similarly, its Total Debt to Total Capital is 0.28, while its Total Debt to Total Assets stands at 0.26.
What about valuation? This company’s Enterprise Value to EBITDA is 1.01. The Enterprise Value to Sales for this firm is now -1.14, and its Total Debt to Enterprise Value stands at 0.00. Riot Blockchain, Inc. [RIOT] has a Price to Book Ratio of 8.03.
Shifting the focus to workforce efficiency, Riot Blockchain, Inc. [RIOT] earns $19,218 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 76.21 and its Total Asset Turnover is 0.00. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 40.74 and its Current Ratio is 40.74. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Let’s now turn our attention to trading performance: Riot Blockchain, Inc. [RIOT] has 11.69M shares outstanding, amounting to a total market cap of $25.83M. Its stock price has been found in the range of 1.29 to 18.40. At its current price, it has moved by -87.99% from its 52-week high, and it has moved 71.30% from its 52-week low.
This stock’s Beta value is currently 3.15, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 62.47. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Riot Blockchain, Inc. [RIOT] a Reliable Buy?
Shares of Riot Blockchain, Inc. [RIOT], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.