On Friday, Rivian Automotive Inc (NASDAQ: RIVN) was -1.59% drop from the session before settling in for the closing price of $14.44. A 52-week range for RIVN has been $8.26 – $18.85.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 770.49%. When this article was written, the company’s average yearly earnings per share was at 14.90%. With a float of $742.93 million, this company’s outstanding shares have now reached $1.02 billion.
Let’s determine the extent of company efficiency that accounts for 16790 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rivian Automotive Inc stocks. The insider ownership of Rivian Automotive Inc is 27.21%, while institutional ownership is 43.83%. 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 14.90% per share during the next fiscal year.
Rivian Automotive Inc (NASDAQ: RIVN) Trading Performance Indicators
You can see what Rivian Automotive Inc (RIVN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19.
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)
Looking closely at Rivian Automotive Inc (NASDAQ: RIVN), its last 5-days average volume was 38.19 million, which is a drop from its year-to-date volume of 45.14 million. As of the previous 9 days, the stock’s Stochastic %D was 34.23%. Additionally, its Average True Range was 1.04.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 65.87%, which indicates a significant increase from 37.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.14% in the past 14 days, which was higher than the 76.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.71, while its 200-day Moving Average is $12.25. However, in the short run, Rivian Automotive Inc’s stock first resistance to watch stands at $14.97. Second resistance stands at $15.73. The third major resistance level sits at $16.12. If the price goes on to break the first support level at $13.82, it is likely to go to the next support level at $13.43. Should the price break the second support level, the third support level stands at $12.67.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
There are 1,020,670K outstanding shares of the company, which has a market capitalization of 14.50 billion. As of now, sales total 4,434 M while income totals -5,432 M. Its latest quarter income was 874,000 K while its last quarter net income were -1,100 M.
