Rivian Automotive Inc (RIVN) volume hits 44.22 million: A New Opening for Investors

Rivian Automotive Inc (NASDAQ: RIVN) open the trading on Thursday, with great promise as it jumped 3.18% to $12.34, before settling in for the price of $11.96 at the close. Taking a more long-term approach, RIVN posted a 52-week range of $8.26-$24.61.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 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 $1.02 billion, simultaneously with a float of $739.57 million. The organization now has a market capitalization sitting at $12.60 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.69, while the 200-day Moving Average is $11.86.

Rivian Automotive Inc (RIVN) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Manufacturers industry. Rivian Automotive Inc’s current insider ownership accounts for 27.54%, in contrast to 43.86% institutional ownership. According to the most recent insider trade that took place on Nov 26 ’24, this organization’s Chief Financial Officer sold 8,097 shares at the rate of 12.20, making the entire transaction reach 98,783 in total value, affecting insider ownership by 370,401. Preceding that transaction, on Nov 25 ’24, Company’s Chief Executive Officer sold 83,334 for 11.25, making the whole transaction’s value amount to 937,508. This particular insider is now the holder of 863,361 in total.

Rivian Automotive Inc (RIVN) Earnings and Revenue Records

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 0.79. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.77.

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)

[Rivian Automotive Inc, RIVN] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 76.60% While, its Average True Range was 0.81.

Raw Stochastic average of Rivian Automotive Inc (RIVN) in the period of the previous 100 days is set at 31.59%, which indicates a major fall in contrast to 84.55% 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 58.96% that was lower than 65.89% volatility it exhibited in the past 100-days period.