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After finishing at $8.37 in the prior trading day, Riot Platforms Inc (NASDAQ: RIOT) closed at $7.56, down -9.68%. In other words, the price has decreased by -$9.68 from its previous closing price. On the day, 25.23 million shares were traded.
Ratios:
Our goal is to gain a better understanding of RIOT by taking a closer 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 03 ’25 when Marleau Hubert sold 61,000 shares for $9.58 per share. The transaction valued at 584,380 led to the insider holds 5,000 shares of the business.
Marleau Hubert bought 61,000 shares of RIOT for $584,197 on Mar 03 ’25. On Dec 10 ’24, another insider, Les Jason, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 50,000 shares for $11.34 each. As a result, the insider received 567,000 and left with 1,019,911 shares of the company.
Valuation Measures:
As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.03 while its Price-to-Book (P/B) ratio in mrq is 0.83.
Stock Price History:
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 -32.53%, while the 200-Day Moving Average is calculated to be -25.39%.
Shares Statistics:
A total of 344.89M shares are outstanding, with a floating share count of 325.42M. Insiders hold about 7.10% of the company’s shares, while institutions hold 56.23% stake in the company.
