Why Riot Blockchain's Stock Is Trading Higher Today

Riot Blockchain, Inc. RIOT shares are trading higher after the company reported EPS and sales results up from last year.

The company reported first-quarter earnings per share results of $0.09, which is up from $(0.15) year over year. The company also reported sales results of $23.2 million, which is up from $2.4 million year over year.

Riot Blockchain operates in a single segment of cryptocurrency mining.

The stock was trading approximately 9% higher at $26.53 per share. The stock has a 52-week high of $79.50 and a 52-week low of $1.03.