On Monday, Riot Platforms Inc (NASDAQ: RIOT) was 0.93% up from the session before settling in for the closing price of $11.88. A 52-week range for RIOT has been $6.36 – $18.36.
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Annual sales at Financial sector company grew by 442.91% over the past five years. When this article was written, the company’s average yearly earnings per share was at -21.25%. With a float of $319.46 million, this company’s outstanding shares have now reached $324.28 million.
Let’s look at the performance matrix of the company that is accounted for 534 employees. 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Riot Platforms Inc stocks. The insider ownership of Riot Platforms Inc is 7.11%, while institutional ownership is 39.47%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -21.25% per share during the next fiscal year.
Riot Platforms Inc (NASDAQ: RIOT) Trading Performance Indicators
You can see what Riot Platforms Inc (RIOT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Riot Platforms Inc (RIOT)
Riot Platforms Inc (NASDAQ: RIOT) saw its 5-day average volume 39.49 million, a positive change from its year-to-date volume of 35.81 million. As of the previous 9 days, the stock’s Stochastic %D was 31.97%. Additionally, its Average True Range was 1.19.
During the past 100 days, Riot Platforms Inc’s (RIOT) raw stochastic average was set at 58.14%, which indicates a significant increase from 34.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.13% in the past 14 days, which was lower than the 97.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.10, while its 200-day Moving Average is $10.13. Nevertheless, the first resistance level for the watch stands at $12.60 in the near term. At $13.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.19. If the price goes on to break the first support level at $11.02, it is likely to go to the next support level at $10.05. Assuming the price breaks the second support level, the third support level stands at $9.43.
Riot Platforms Inc (NASDAQ: RIOT) Key Stats
There are 343,927K outstanding shares of the company, which has a market capitalization of 4.12 billion. As of now, sales total 280,680 K while income totals -49,470 K. Its latest quarter income was 84,790 K while its last quarter net income were -154,360 K.
