In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Riot Platforms Inc (NASDAQ: RIOT) was $9.27 for the day, down -3.03%% from the previous closing price of $9.56. In other words, the price has decreased by -$3.03% from its previous closing price. On the day, 40.05 million shares were traded.
Ratios:
Our analysis of RIOT’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 27 ’25 when Riot Platforms, Inc. bought 90,110,912 shares for $1.08 per share.
Mouton Douglas bought 8,384 shares of RIOT for $64,892 on Mar 17 ’25. The Director now owns 20,384 shares after completing the transaction at $7.74 per share. On Mar 14 ’25, another insider, Cho Hannah, who serves as the Director of the company, sold 12,000 shares for $7.70 each. As a result, the insider received 92,400 and left with 59,265 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.22 while its Price-to-Book (P/B) ratio in mrq is 1.10.
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 9.40%, while the 200-Day Moving Average is calculated to be -3.94%.
Shares Statistics:
A total of 350.18M shares are outstanding, with a floating share count of 331.37M. Insiders hold about 7.25% of the company’s shares, while institutions hold 57.90% stake in the company.
