The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Riot Platforms Inc (NASDAQ: RIOT) closed at $6.54 in the last session, down -8.02% from day before closing price of $7.11. In other words, the price has decreased by -$8.02 from its previous closing price. On the day, 23.3 million shares were traded. RIOT stock price reached its highest trading level at $7.43 during the session, while it also had its lowest trading level at $6.3.
Ratios:
We take a closer look at RIOT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.74 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.
On December 17, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $23.
On September 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $15.Macquarie initiated its Outperform rating on September 25, 2024, with a $15 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 17 ’25 when Mouton Douglas bought 8,384 shares for $7.74 per share. The transaction valued at 64,892 led to the insider holds 20,384 shares of the business.
Cho Hannah sold 12,000 shares of RIOT for $92,400 on Mar 14 ’25. The Director now owns 59,265 shares after completing the transaction at $7.70 per share. On Mar 14 ’25, another insider, Cho Hannah, who serves as the Director of the company, bought 12,000 shares for $7.70 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RIOT now has a Market Capitalization of 2290360320 and an Enterprise Value of 2701517824. As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.08 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 7.172 whereas that against EBITDA is 8.875.
Stock Price History:
The Beta on a monthly basis for RIOT is 4.42, which has changed by -0.337386 over the last 52 weeks, in comparison to a change of -0.034466684 over the same period for the S&P500. Over the past 52 weeks, RIOT has reached a high of $15.87, while it has fallen to a 52-week low of $6.36. The 50-Day Moving Average of the stock is -29.77%, while the 200-Day Moving Average is calculated to be -33.68%.
Shares Statistics:
According to the various share statistics, RIOT traded on average about 28.65M shares per day over the past 3-months and 22797800 shares per day over the past 10 days. A total of 344.89M shares are outstanding, with a floating share count of 325.42M. Insiders hold about 7.08% of the company’s shares, while institutions hold 56.07% stake in the company. Shares short for RIOT as of 1741910400 were 79239570 with a Short Ratio of 2.77, compared to 1739491200 on 72342656. Therefore, it implies a Short% of Shares Outstanding of 79239570 and a Short% of Float of 22.830000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
