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.
The price of Riot Platforms Inc (NASDAQ: RIOT) closed at $7.01 in the last session, down -0.71% from day before closing price of $7.06. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 28.51 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 3.74 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:
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:
As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.52 while its Price-to-Book (P/B) ratio in mrq is 0.77.
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 $6.22. The 50-Day Moving Average of the stock is -21.75%, while the 200-Day Moving Average is calculated to be -28.59%.
Shares Statistics:
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 56.08% stake in the company.
