How to buy Riot Blockchain (RIOT) shares in the UK

Learn how to easily invest in Riot Blockchain shares.

Riot Blockchain Inc
NASDAQ: RIOT - USD
SOFTWARE-APPLICATION
$27.85
+ $1.73 ( + 6.62%)

Riot Blockchain Inc (RIOT) is a leading software-application business based in the US. It opened the day at $32.71 after a previous close of $32.08. During the day the price has varied from a low of $32.686 to a high of $35.2798. The latest price was $34.33 (25 minute delay). Riot Blockchain is listed on the NASDAQ and employs 8 staff. All prices are listed in US Dollars.

How to buy shares in Riot Blockchain

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: RIOT in this case.
  5. Research Riot Blockchain shares. The platform should provide the latest information available.
  6. Buy your Riot Blockchain shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Riot Blockchain's share price?

Since the stock market crash that started in February 2020, Riot Blockchain's share price has had significant positive movement.

Its last market close was $27.85, which is 94.94% up on its pre-crash value of $1.41 and 5,350.10% up on the lowest point reached during the March 2020 crash when the shares fell as low as $0.511.

If you had bought $1,000 worth of Riot Blockchain shares at the start of February 2020, those shares would have been worth $492.13 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $20,477.83.

Riot Blockchain share price (NASDAQ:RIOT)

Use our graph to track the performance of RIOT stocks over time.

Riot Blockchain shares at a glance

Information last updated 2021-08-20.
Open$32.71
High$35.2798
Low$32.686
Close$34.33
Previous close$32.08
Change$2.25
Change %7.0137%
Volume11,635,876
Information last updated 2021-10-09.
52-week range$3.076 - $79.5
50-day moving average$30.6881
200-day moving average$34.3821
Wall St. target price$54
PE ratio61.7943
Dividend yieldN/A (0%)
Earnings per share (TTM)$0.418
Promoted
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Invest in Riot Blockchain shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
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Fees for buying 20x Riot Blockchain shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £2.25
£501.75 total
Capital at risk
eToro Free Stocks logo £0 $50 £2.50
£502.00 total
Capital at risk
Fineco logo £0 No minimum £5.00
£504.50 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £0.98
£500.48 total
Capital at risk
Stake logo £0 £50 £2.56
£502.06 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £17.00
£516.50 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £15.54
£515.04 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £15.80
£515.30 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Riot Blockchain stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Riot Blockchain price performance over time

Historical closes compared with the last close of $34.33

1 week (2021-10-08) 32.91%
3 months (2021-07-16) 25.84%
6 months (2021-04-16) -23.10%
1 year (2020-10-16) 1,003.86%
2 years (2019-10-16) 1,919.41%
3 years (2018-10-16) 1,059.80%
5 years (2016-10-14) 1,330.42%

Is Riot Blockchain under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Riot Blockchain's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 62x. In other words, Riot Blockchain shares trade at around 62x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Riot Blockchain's P/E ratio is best considered in relation to those of others within the software-application industry or those of similar companies.

EBITDA

Riot Blockchain's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $11.8 million (£0.0 million).

The EBITDA is a measure of a Riot Blockchain's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Financials

Revenue TTM $65.3 million
Operating margin TTM 0.39%
Gross profit TTM $8.1 million
Return on assets TTM 0.03%
Return on equity TTM 7.84%
Profit margin 44.5%
Book value $7.443
Market capitalisation $2.5 billion

TTM: trailing 12 months

How to short and sell Riot Blockchain shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "RIOT.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 18.2 million Riot Blockchain shares held short by investors – that's known as the "short interest". This figure is 8.4% up from 16.8 million last month.

There are a few different ways that this level of interest in shorting Riot Blockchain shares can be evaluated.

Short interest ratio (SIR)

Riot Blockchain's "short interest ratio" (SIR) is the quantity of Riot Blockchain shares currently shorted divided by the average quantity of Riot Blockchain shares traded daily (recently around 10.6 million). Riot Blockchain's SIR currently stands at 1.71. In other words for every 100,000 Riot Blockchain shares traded daily on the market, roughly 1710 shares are currently held short.

To gain some more context, you can compare Riot Blockchain's short interest ratio against those of similar companies.

    However Riot Blockchain's short interest can also be evaluated against the total number of Riot Blockchain shares, or, against the total number of tradable Riot Blockchain shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Riot Blockchain's short interest could be expressed as 0.19% of the outstanding shares (for every 100,000 Riot Blockchain shares in existence, roughly 190 shares are currently held short) or 0.1949% of the tradable shares (for every 100,000 tradable Riot Blockchain shares, roughly 195 shares are currently held short).

    Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Riot Blockchain.

    Find out more about how you can short Riot Blockchain stock.

    Riot Blockchain share dividends

    We're not expecting Riot Blockchain to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

    Have Riot Blockchain's shares ever split?

    Riot Blockchain's shares were split on a 1:8 basis on 30 March 2016. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Riot Blockchain shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Riot Blockchain shares which in turn could have impacted Riot Blockchain's share price.

    Share price volatility

    Over the last 12 months, Riot Blockchain's shares have ranged in value from as little as $3.076 up to $79.5. A popular way to gauge a stock's volatility is its "beta".

    Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Riot Blockchain's is 4.4958. This would suggest that Riot Blockchain's shares are significantly more volatile than the average for this exchange and represent a higher risk.

    To put Riot Blockchain's beta into context you can compare it against those of similar companies.

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