Witnessing the stock’s movement on the chart, on Wednesday, Rivian Automotive Inc (NASDAQ: RIVN) set off with pace as it heaved 5.80% to $12.22, before settling in for the price of $11.55 at the close. Taking a more long-term approach, RIVN posted a 52-week range of $8.26-$24.61.
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
The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 770.49%. Meanwhile, its Annual Earning per share during the time was -86.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.37%. This publicly-traded company’s shares outstanding now amounts to $960.00 million, simultaneously with a float of $739.56 million. The organization now has a market capitalization sitting at $13.20 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.67, while the 200-day Moving Average is $11.95.
Rivian Automotive Inc (RIVN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Auto Manufacturers industry. Rivian Automotive Inc’s current insider ownership accounts for 27.55%, in contrast to 43.81% institutional ownership. According to the most recent insider trade that took place on Nov 25 ’24, this organization’s Chief Executive Officer sold 83,334 shares at the rate of 11.25, making the entire transaction reach 937,508 in total value, affecting insider ownership by 863,361.
Rivian Automotive Inc (RIVN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.
Rivian Automotive Inc’s EPS increase for this current 12-month fiscal period is 15.37% and is forecasted to reach -2.82 in the upcoming year.
Rivian Automotive Inc (NASDAQ: RIVN) Trading Performance Indicators
Let’s observe the current performance indicators for Rivian Automotive Inc (RIVN). It’s Quick Ratio in the last reported quarter now stands at 3.70. The Stock has managed to achieve an average true range (ATR) of 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.90.
In the same vein, RIVN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.60, a figure that is expected to reach -0.68 in the next quarter, and analysts are predicting that it will be -2.82 at the market close of one year from today.
Technical Analysis of Rivian Automotive Inc (RIVN)
Going through the that latest performance of [Rivian Automotive Inc, RIVN]. Its last 5-days volume of 57.46 million indicated improvement to the volume of 40.02 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 74.45% While, its Average True Range was 0.88.
Raw Stochastic average of Rivian Automotive Inc (RIVN) in the period of the previous 100 days is set at 29.08%, which indicates a major fall in contrast to 75.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 106.90% that was higher than 67.57% volatility it exhibited in the past 100-days period.
