How to buy Riot Blockchain (RIOT) shares in Australia

Learn how to easily invest in Riot Blockchain shares.

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Riot Blockchain Inc (RIOT) is a leading software-application business with stocks listed in the US. It opened the day at US$32.71 after a previous close of US$32.08. During the day the price has varied from a low of USD32.686 to a high of USD35.2798. The latest price was USD34.33 (25 minute delay). Riot Blockchain is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy shares in Riot Blockchain

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Riot Blockchain. Find the share by name or ticker symbol: RIOT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Riot Blockchain reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$32.08, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Riot Blockchain, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Riot Blockchain. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Riot Blockchain stock 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.
OpenUS$32.71
HighUS$35.2798
LowUS$32.686
CloseUS$34.33
Previous closeUS$32.08
Change US$2.25
Change % 7.0137%
Volume 11,635,876
Information last updated 2022-01-25.
52-week rangeUS$12.9 - US$79.5
50-day moving average US$27.4969
200-day moving average US$31.1897
Target priceUS$48.42
PE ratio 80.4787
Dividend yield N/A (0%)
Earnings per share (TTM) US$0.188

Where to buy Riot Blockchain stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Riot Blockchain stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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 share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Riot Blockchain price performance over time

Historical closes compared with the last close of $34.33

1 week (2022-01-19) 96.28%
6 months (2021-07-27) 8.50%
1 year (2021-01-27) 91.47%
2 years (2020-01-27) 2,668.55%
3 years (2019-01-25) 1,850.57%
5 years (2017-01-27) 1,003.86%

Is Riot Blockchain under- or over-valued?

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

Riot Blockchain's 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 80x. In other words, Riot Blockchain shares trade at around 80x 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.

Riot Blockchain's EBITDA

Riot Blockchain's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$11.6 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.

Riot Blockchain financials

Revenue TTM US$127.6 million
Gross profit TTM US$8.1 million
Return on assets TTM -1.35%
Return on equity TTM 3.72%
Profit margin 12.09%
Book value 7.924
Market capitalisation US$1.8 billion

TTM: trailing 12 months

Riot Blockchain share dividends

We're not expecting Riot Blockchain to pay a dividend over the next 12 months.

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 the split, the next day you would own 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.

Riot Blockchain share price volatility

Over the last 12 months, Riot Blockchain's shares have ranged in value from as little as US$12.9 up to US$79.5. A popular way to gauge a stock's volatility is its "beta".

Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Riot Blockchain's is 4.1191. This would suggest that Riot Blockchain's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Riot Blockchain overview

Riot Blockchain, Inc., together with its subsidiaries, focuses on cryptocurrency mining operation in North America. The company primarily focuses on bitcoin mining. As of December 31, 2020, it operated a fleet of 7,043 miners. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. Riot Blockchain, Inc. was incorporated in 2000 and is based in Castle Rock, Colorado.

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