Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Rivian Automotive Inc’s stock clocked out at $12.39, down -1.35% from its previous closing price of $12.56. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 21.68 million shares were traded. RIVN stock price reached its highest trading level at $12.555 during the session, while it also had its lowest trading level at $11.89.
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 this company, Bernstein on January 29, 2025, initiated with a Underperform rating and assigned the stock a target price of $6.10.
On December 18, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $18 to $16.
On December 09, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $18.The Benchmark Company initiated its Buy rating on December 09, 2024, with a $18 target price.
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 21 ’25 when Scaringe Robert J sold 35,713 shares for $13.76 per share. The transaction valued at 491,414 led to the insider holds 863,361 shares of the business.
ROBERT J. SCARINGE bought 35,713 shares of RIVN for $491,414 on Jan 21 ’25. On Jan 06 ’25, another insider, Scaringe Robert J, who serves as the Chief Executive Officer of the company, sold 71,429 shares for $16.17 each. As a result, the insider received 1,155,093 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 12646102016 and an Enterprise Value of 11951107072. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.78 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 2.626 whereas that against EBITDA is -2.641.
Stock Price History:
The Beta on a monthly basis for RIVN is 2.04, which has changed by -0.18967742 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, RIVN has reached a high of $18.85, while it has fallen to a 52-week low of $8.26. The 50-Day Moving Average of the stock is -5.69%, while the 200-Day Moving Average is calculated to be -0.06%.
Shares Statistics:
It appears that RIVN traded 41.76M shares on average per day over the past three months and 33106760 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 43.54% stake in the company. Shares short for RIVN as of 1736899200 were 143662456 with a Short Ratio of 3.44, compared to 1734048000 on 142361352. Therefore, it implies a Short% of Shares Outstanding of 143662456 and a Short% of Float of 19.309999.
