Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Riot Platforms Inc (NASDAQ: RIOT) closed the day trading at $7.12 down -3.91% from the previous closing price of $7.41. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 21.34 million shares were traded. RIOT stock price reached its highest trading level at $7.2563 during the session, while it also had its lowest trading level at $6.88.
Ratios:
For a better understanding of RIOT, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2592413440 and an Enterprise Value of 2694513664. As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.62 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 7.154 whereas that against EBITDA is 8.852.
Stock Price History:
The Beta on a monthly basis for RIOT is 4.57, which has changed by -0.32893497 over the last 52 weeks, in comparison to a change of 0.077997446 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 -28.69%, while the 200-Day Moving Average is calculated to be -28.54%.
Shares Statistics:
Over the past 3-months, RIOT traded about 29.09M shares per day on average, while over the past 10 days, RIOT traded about 23233560 shares per day. 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 56.27% stake in the company. Shares short for RIOT as of 1741910400 were 79239570 with a Short Ratio of 2.72, 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
