Riot Blockchain (RIOT) Getting Somewhat Negative News Coverage, Study Finds

Media coverage about Riot Blockchain (NASDAQ:RIOT) has been trending somewhat negative on Thursday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Riot Blockchain earned a news sentiment score of -0.11 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 41.631882932585 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

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

Riot Blockchain stock traded down $0.26 during midday trading on Thursday, reaching $7.68. 271,639 shares of the company’s stock traded hands, compared to its average volume of 2,219,880. Riot Blockchain has a 52 week low of $3.26 and a 52 week high of $46.20.

In related news, CEO John R. O’rourke III sold 30,383 shares of Riot Blockchain 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.40% of the company’s stock.

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Riot Blockchain Company Profile

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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