Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Riot Platforms Inc (NASDAQ: RIOT) closed at $8.97 in the last session, down -1.97% from day before closing price of $9.15. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 21.05 million shares were traded.
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 3.23 and its Current Ratio is at 3.23. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.99 while its Price-to-Book (P/B) ratio in mrq is 1.07.
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 $6.19. The 50-Day Moving Average of the stock is 16.64%, while the 200-Day Moving Average is calculated to be -5.57%.
Shares Statistics:
A total of 350.18M shares are outstanding, with a floating share count of 331.98M. Insiders hold about 7.08% of the company’s shares, while institutions hold 57.50% stake in the company.
