Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Riot Platforms Inc (NASDAQ: RIOT) closed at $7.24 down -2.43% from its previous closing price of $7.42. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 30.71 million shares were traded. RIOT stock price reached its highest trading level at $7.2898 during the session, while it also had its lowest trading level at $6.96.
Ratios:
For a deeper understanding of Riot Platforms Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2536084992 and an Enterprise Value of 2736538624. As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.73 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 7.265 whereas that against EBITDA is 8.99.
Stock Price History:
The Beta on a monthly basis for RIOT is 4.75, which has changed by -0.29708737 over the last 52 weeks, in comparison to a change of 0.09969199 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 $6.19. The 50-Day Moving Average of the stock is -8.77%, while the 200-Day Moving Average is calculated to be -25.27%.
Shares Statistics:
For the past three months, RIOT has traded an average of 26.75M shares per day and 32073370 over the past ten days. A total of 344.89M shares are outstanding, with a floating share count of 325.50M. Insiders hold about 7.08% of the company’s shares, while institutions hold 56.32% stake in the company. Shares short for RIOT as of 1744675200 were 84320025 with a Short Ratio of 3.15, compared to 1741910400 on 79239570. Therefore, it implies a Short% of Shares Outstanding of 84320025 and a Short% of Float of 24.55.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
