A new trading day began on Monday, with Rivian Automotive Inc (NASDAQ: RIVN) stock price down -2.60% from the previous day of trading, before settling in for the closing price of $13.85. RIVN’s price has ranged from $8.26 to $19.12 over the past 52 weeks.
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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 43.82%. The most recent insider transaction that took place on Jan 06 ’25, was worth 1,155,093. In this transaction Chief Executive Officer of this company sold 71,429 shares at a rate of $16.17, taking the stock ownership to the 863,361 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Officer proposed sale 71,429 for $16.17, making the entire transaction worth $1,155,086.
Rivian Automotive Inc (RIVN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.79 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 3.03.
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 35.73 million was lower than the volume posted last year of 47.67 million. As of the previous 9 days, the stock’s Stochastic %D was 28.02%. Additionally, its Average True Range was 1.07.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 55.80%, which indicates a significant increase from 19.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.29% in the past 14 days, which was higher than the 77.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.41, while its 200-day Moving Average is $12.19. Now, the first resistance to watch is $13.74. This is followed by the second major resistance level at $14.00. The third major resistance level sits at $14.36. If the price goes on to break the first support level at $13.12, it is likely to go to the next support level at $12.76. Should the price break the second support level, the third support level stands at $12.50.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
With a market capitalization of 13.77 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.
