Somewhat Critical Media Coverage Somewhat Unlikely to Impact Riot Blockchain (RIOT) Share Price

News coverage about Riot Blockchain (NASDAQ:RIOT) has trended somewhat negative on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Riot Blockchain earned a news sentiment score of -0.09 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 42.735000193358 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s analysis:

Separately, BidaskClub cut shares of Riot Blockchain from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 30th.

Shares of Riot Blockchain (NASDAQ RIOT) traded down $5.74 during midday trading on Tuesday, hitting $11.46. 12,303,601 shares of the company traded hands, compared to its average volume of 3,056,349. Riot Blockchain has a one year low of $3.06 and a one year high of $46.20. The stock has a market capitalization of $100.85, a PE ratio of -5.97 and a beta of 2.55.

In related news, CEO John R. O’rourke III sold 30,383 shares of the business’s stock in a transaction dated Friday, December 29th. The shares were 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 at this hyperlink. 2.40% of the stock is owned by 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.

Insider Buying and Selling by Quarter for Riot Blockchain (NASDAQ:RIOT)

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