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.
As of close of business last night, Rivian Automotive Inc’s stock clocked out at $14.21, down -4.95% from its previous closing price of $14.95. In other words, the price has decreased by -$4.95 from its previous closing price. On the day, 32.91 million shares were traded. RIVN stock price reached its highest trading level at $14.76 during the session, while it also had its lowest trading level at $13.98.
Ratios:
To gain a deeper understanding of RIVN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.70 and its Current Ratio is at 5.09. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 18, 2024, Downgraded its rating to Neutral and sets its target price to $16 from $18 previously.
On December 09, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $18.
BofA Securities Downgraded its Buy to Neutral on November 08, 2024, whereas the target price for the stock was revised from $20 to $13.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 06 ’25 when Scaringe Robert J sold 71,429 shares for $16.17 per share. The transaction valued at 1,155,093 led to the insider holds 863,361 shares of the business.
ROBERT J. SCARINGE bought 71,429 shares of RIVN for $1,155,086 on Jan 06 ’25. On Dec 23 ’24, another insider, Scaringe Robert J, who serves as the Chief Executive Officer of the company, sold 71,429 shares for $13.88 each. As a result, the insider received 991,292 and left with 863,361 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RIVN now has a Market Capitalization of 14503720960 and an Enterprise Value of 13808727040. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 3.034 whereas that against EBITDA is -3.051.
Stock Price History:
Over the past 52 weeks, RIVN has reached a high of $19.76, while it has fallen to a 52-week low of $8.26. The 50-Day Moving Average of the stock is 15.66%, while the 200-Day Moving Average is calculated to be 16.85%.
Shares Statistics:
It appears that RIVN traded 39.18M shares on average per day over the past three months and 38510440 shares per day over the past ten days. A total of 1.02B shares are outstanding, with a floating share count of 742.93M. Insiders hold about 27.21% of the company’s shares, while institutions hold 43.82% stake in the company. Shares short for RIVN as of 1734048000 were 142361352 with a Short Ratio of 3.63, compared to 1731628800 on 150000847. Therefore, it implies a Short% of Shares Outstanding of 142361352 and a Short% of Float of 19.139999.
