A new trading day began on Monday, with Riot Platforms Inc (NASDAQ: RIOT) stock price down -6.49% from the previous day of trading, before settling in for the closing price of $11.55. RIOT’s price has ranged from $6.36 to $18.75 over the past 52 weeks.
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. Meanwhile, its annual earnings per share averaged -4.43%. With a float of $307.86 million, this company’s outstanding shares have now reached $324.28 million.
The firm has a total of 534 workers. Let’s measure their productivity. In terms of profitability, gross margin is -6.89%, operating margin of 12.62%, and the pretax margin is 16.68%.
Riot Platforms Inc (RIOT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Riot Platforms Inc is 7.36%, while institutional ownership is 40.38%. The most recent insider transaction that took place on Dec 10 ’24, was worth 567,000. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 50,000 shares at a rate of $11.34, taking the stock ownership to the 1,019,911 shares. Before that another transaction happened on Dec 10 ’24, when Company’s CEO proposed sale 150,000 for $11.21, making the entire transaction worth $1,681,500.
Riot Platforms Inc (RIOT) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.43% 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
Here are Riot Platforms Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.45 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 33.26 million was better than the volume posted last year of 25.1 million. As of the previous 9 days, the stock’s Stochastic %D was 11.66%. Additionally, its Average True Range was 1.25.
During the past 100 days, Riot Platforms Inc’s (RIOT) raw stochastic average was set at 46.72%, which indicates a significant increase from 2.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.05% in the past 14 days, which was higher than the 93.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.44, while its 200-day Moving Average is $9.98. Now, the first resistance to watch is $11.28. This is followed by the second major resistance level at $11.75. The third major resistance level sits at $12.05. If the price goes on to break the first support level at $10.51, it is likely to go to the next support level at $10.21. Now, if the price goes above the second support level, the third support stands at $9.74.
Riot Platforms Inc (NASDAQ: RIOT) Key Stats
With a market capitalization of 3.70 billion, the company has a total of 332,326K Shares Outstanding. Currently, annual sales are 280,680 K while annual income is -49,470 K. The company’s previous quarter sales were 84,790 K while its latest quarter income was -154,360 K.
