A new trading day began on Monday, with Rivian Automotive Inc (NASDAQ: RIVN) stock price down -0.58% from the previous day of trading, before settling in for the closing price of $13.83. RIVN’s price has ranged from $8.26 to $24.61 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
Consumer Cyclical Sector giant saw their annual sales surged by 770.49% over the last five years. Meanwhile, its annual earnings per share averaged 14.89%. With a float of $742.93 million, this company’s outstanding shares have now reached $1.02 billion.
The firm has a total of 16790 workers. Let’s measure their productivity. 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) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of Rivian Automotive Inc is 27.21%, while institutional ownership is 43.91%. The most recent insider transaction that took place on Dec 23 ’24, was worth 991,292. Before that another transaction happened on Dec 16 ’24, when Company’s Chief Financial Officer sold 18,501 for $15.00, making the entire transaction worth $277,515. This insider now owns 351,900 shares in total.
Rivian Automotive Inc (RIVN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.89% per share during the next fiscal year.
Rivian Automotive Inc (NASDAQ: RIVN) Trading Performance Indicators
Here are Rivian Automotive Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.60, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -2.83 in one year’s time.
Technical Analysis of Rivian Automotive Inc (RIVN)
Analysing the last 5-days average volume posted by the [Rivian Automotive Inc, RIVN], we can find that recorded value of 37.74 million was lower than the volume posted last year of 39.98 million. As of the previous 9 days, the stock’s Stochastic %D was 28.82%. Additionally, its Average True Range was 0.99.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 70.95%, which indicates a significant increase from 53.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.66% in the past 14 days, which was higher than the 70.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.47, while its 200-day Moving Average is $12.02. Now, the first resistance to watch is $14.08. This is followed by the second major resistance level at $14.40. The third major resistance level sits at $14.59. If the price goes on to break the first support level at $13.57, it is likely to go to the next support level at $13.38. Should the price break the second support level, the third support level stands at $13.06.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
With a market capitalization of 14.03 billion, the company has a total of 1,020,670K Shares Outstanding. Currently, annual sales are 4,434 M while annual income is -5,432 M. The company’s previous quarter sales were 874,000 K while its latest quarter income was -1,100 M.
