Riot Platforms RIOT
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Riot Platforms (RIOT) Business Model and Operations Summary
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
Key Insights
Riot Platforms (RIOT) Core Market Data and Business Metrics
Latest Closing Price
$7.54Market Cap
$2.63 BillionPrice-Earnings Ratio
-6.98Total Outstanding Shares
350.21 Million SharesTotal Employees
783Dividend
No dividendIPO Date
January 24, 2003SIC Description
Finance ServicesPrimary Exchange
NASDAQHeadquarters
3855 Ambrosia Street, Suite 301, Castle Rock, CO, 80109
Historical Stock Splits
If you bought 48 shares of RIOT before June 20, 2012, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| March 31, 2016 | 1-for-8 (Reverse Split) |
| June 20, 2012 | 1-for-6 (Reverse Split) |
Cash Flow Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow | $-52.79 Million |
| Net Cash Flow From Operating Activities, Continuing | $-56.33 Million |
| Net Cash Flow From Investing Activities, Continuing | $-205.50 Million |
| Net Cash Flow From Investing Activities | $-205.50 Million |
| Net Cash Flow From Financing Activities | $209.04 Million |
| Net Cash Flow From Operating Activities | $-56.33 Million |
Income Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $206.30 Million |
| Net Income/Loss Attributable To Parent | $-154.36 Million |
| Revenues | $84.79 Million |
| Basic Average Shares | $286.24 Million |
| Costs And Expenses | $206.30 Million |
| Other Operating Expenses | $79.36 Million |
Comprehensive Income
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-308.48 Million |
| Comprehensive Income/Loss Attributable To Parent | $-154.15 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss | $-154.15 Million |
Balance Sheet
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $2.92 Billion |
| Long-term Debt | $5.67 Million |
| Current Assets | $716.87 Million |
| Equity Attributable To Parent | $2.75 Billion |
| Fixed Assets | $1.17 Billion |
| Accounts Payable | $12.51 Million |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||