Rivian Automotive Inc (NASDAQ: RIVN) kicked off on Friday, down -2.78% from the previous trading day, before settling in for the closing price of $14.04. Over the past 52 weeks, RIVN has traded in a range of $8.26-$24.30.
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A company in the Consumer Cyclical sector has jumped its sales by 770.49% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 14.89%. With a float of $742.93 million, this company’s outstanding shares have now reached $1.02 billion.
In an organization with 16790 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating 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. In this transaction Chief Executive Officer of this company sold 71,429 shares at a rate of $13.88, taking the stock ownership to the 863,361 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Officer proposed sale 71,429 for $13.88, making the entire transaction worth $991,292.
Rivian Automotive Inc (RIVN) Latest Financial update
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
Take a look at Rivian Automotive Inc’s (RIVN) current performance indicators. Last quarter, 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 2.98.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 23.69 million. That was inferior than the volume of 39.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 42.99%. Additionally, its Average True Range was 0.93.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 69.28%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.72% in the past 14 days, which was higher than the 70.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.69, while its 200-day Moving Average is $12.04. However, in the short run, Rivian Automotive Inc’s stock first resistance to watch stands at $14.06. Second resistance stands at $14.48. The third major resistance level sits at $14.85. If the price goes on to break the first support level at $13.27, it is likely to go to the next support level at $12.90. The third support level lies at $12.48 if the price breaches the second support level.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
The company with the Market Capitalisation of 13.55 billion has total of 1,020,670K Shares Outstanding. Its annual sales at the moment are 4,434 M in contrast with the sum of -5,432 M annual income. Company’s last quarter sales were recorded 874,000 K and last quarter income was -1,100 M.
