Riot Platforms Inc (NASDAQ: RIOT) kicked off on Friday, down -5.40% from the previous trading day, before settling in for the closing price of $10.19. Over the past 52 weeks, RIOT has traded in a range of $6.36-$18.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Financial Sector giant saw their annual sales surged by 351.76% over the last five years. While this was happening, its average annual earnings per share was recorded 152.87%. With a float of $279.06 million, this company’s outstanding shares have now reached $303.52 million.
The firm has a total of 534 workers. Let’s measure their productivity. In terms of profitability, gross margin is 5.25%, operating margin of 40.41%, and the pretax margin is 57.51%.
Riot Platforms Inc (RIOT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Riot Platforms Inc is 8.06%, while institutional ownership is 43.95%. The most recent insider transaction that took place on Sep 16 ’24, was worth 175,035. In this transaction Director of this company sold 25,000 shares at a rate of $7.00, taking the stock ownership to the 44,441 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 25,000 for $6.96, making the entire transaction worth $174,025.
Riot Platforms Inc (RIOT) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.25 earnings per share (EPS), lower than consensus estimate (set at -0.2) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 152.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 42.06% growth over the previous five years of trading.
Riot Platforms Inc (NASDAQ: RIOT) Trading Performance Indicators
Take a look at Riot Platforms Inc’s (RIOT) current performance indicators. Last quarter, stock had a quick ratio of 7.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.25 in one year’s time.
Technical Analysis of Riot Platforms Inc (RIOT)
Analysing the last 5-days average volume posted by the [Riot Platforms Inc, RIOT], we can find that recorded value of 19.7 million was lower than the volume posted last year of 22.77 million. As of the previous 9 days, the stock’s Stochastic %D was 78.31%. Additionally, its Average True Range was 0.53.
During the past 100 days, Riot Platforms Inc’s (RIOT) raw stochastic average was set at 48.78%, which indicates a significant decrease from 71.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.62% in the past 14 days, which was lower than the 74.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.92, while its 200-day Moving Average is $10.20. Now, the first resistance to watch is $10.08. This is followed by the second major resistance level at $10.51. The third major resistance level sits at $10.74. If the price goes on to break the first support level at $9.41, it is likely to go to the next support level at $9.17. Should the price break the second support level, the third support level stands at $8.74.
Riot Platforms Inc (NASDAQ: RIOT) Key Stats
The company with the Market Capitalisation of 2.93 billion has total of 288,785K Shares Outstanding. Its annual sales at the moment are 280,680 K in contrast with the sum of -49,470 K annual income. Company’s last quarter sales were recorded 70,020 K and last quarter income was -84,450 K.
