On Monday, Rivian Automotive Inc (NASDAQ: RIVN) opened lower -2.94% from the last session, before settling in for the closing price of $12.23. Price fluctuations for RIVN have ranged from $8.26 to $24.61 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 770.49%. Company’s average yearly earnings per share was noted 15.37% at the time writing. With a float of $739.56 million, this company’s outstanding shares have now reached $1.02 billion.
Let’s determine the extent of company efficiency that accounts for 16790 employees. In terms of profitability, gross margin is -44.98%, operating margin of -123.25%, and the pretax margin is -121.34%.
Rivian Automotive Inc (RIVN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Auto Manufacturers industry is another important factor to consider. The insider ownership of Rivian Automotive Inc is 27.54%, while institutional ownership is 43.82%. The most recent insider transaction that took place on Nov 26 ’24, was worth 98,783. In this transaction Chief Financial Officer of this company sold 8,097 shares at a rate of $12.20, taking the stock ownership to the 370,401 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Chief Executive Officer sold 83,334 for $11.25, making the entire transaction worth $937,508. This insider now owns 863,361 shares in total.
Rivian Automotive Inc (RIVN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 15.37% per share during the next fiscal year.
Rivian Automotive Inc (NASDAQ: RIVN) Trading Performance Indicators
Check out the current performance indicators for Rivian Automotive Inc (RIVN). In the past quarter, the stock posted a quick ratio of 3.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.60, a number that is poised to hit -0.68 in the next quarter and is forecasted to reach -2.82 in one year’s time.
Technical Analysis of Rivian Automotive Inc (RIVN)
Looking closely at Rivian Automotive Inc (NASDAQ: RIVN), its last 5-days average volume was 57.55 million, which is a jump from its year-to-date volume of 39.97 million. As of the previous 9 days, the stock’s Stochastic %D was 83.28%. Additionally, its Average True Range was 0.82.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 25.33%, which indicates a significant decrease from 65.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.19% in the past 14 days, which was higher than the 67.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.66, while its 200-day Moving Average is $11.91. However, in the short run, Rivian Automotive Inc’s stock first resistance to watch stands at $12.39. Second resistance stands at $12.91. The third major resistance level sits at $13.34. If the price goes on to break the first support level at $11.43, it is likely to go to the next support level at $11.00. Now, if the price goes above the second support level, the third support stands at $10.48.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
There are currently 1,020,670K shares outstanding in the company with a market cap of 12.13 billion. Presently, the company’s annual sales total 4,434 M according to its annual income of -5,432 M. Last quarter, the company’s sales amounted to 874,000 K and its income totaled -1,100 M.
