Rivian Automotive Inc (NASDAQ: RIVN) kicked off on Friday, up 5.49% from the previous trading day, before settling in for the closing price of $13.30. Over the past 52 weeks, RIVN has traded in a range of $8.26-$18.85.
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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 14.94%. With a float of $742.63 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 27.25%, while institutional ownership is 46.37%. The most recent insider transaction that took place on Jan 21 ’25, was worth 491,414. In this transaction Chief Executive Officer of this company sold 35,713 shares at a rate of $13.76, taking the stock ownership to the 863,361 shares. Before that another transaction happened on Jan 21 ’25, when Company’s Officer proposed sale 35,713 for $13.76, making the entire transaction worth $491,414.
Rivian Automotive Inc (RIVN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 14.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.49% during the next five years compared to -86.59% drop over the previous five years of trading.
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 3.15.
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 -2.82 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 26.13 million. That was inferior than the volume of 32.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 78.01%. Additionally, its Average True Range was 0.74.
During the past 100 days, Rivian Automotive Inc’s (RIVN) raw stochastic average was set at 63.36%, which indicates a significant decrease from 93.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.02% in the past 14 days, which was lower than the 75.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.46, while its 200-day Moving Average is $12.58. However, in the short run, Rivian Automotive Inc’s stock first resistance to watch stands at $14.32. Second resistance stands at $14.62. The third major resistance level sits at $15.04. If the price goes on to break the first support level at $13.60, it is likely to go to the next support level at $13.18. The third support level lies at $12.88 if the price breaches the second support level.
Rivian Automotive Inc (NASDAQ: RIVN) Key Stats
The company with the Market Capitalisation of 14.32 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.
