Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Riot Platforms Inc’s stock clocked out at $8.86, down -4.53% from its previous closing price of $9.28. In other words, the price has decreased by -$4.53 from its previous closing price. On the day, 36.01 million shares were traded.
Ratios:
To gain a deeper understanding of RIOT’s stock, we examine its different ratios. 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:
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 Mar 03 ’25 when Marleau Hubert bought 61,000 shares for $9.58 per share.
Les Jason sold 50,000 shares of RIOT for $567,000 on Dec 10 ’24. The CHIEF EXECUTIVE OFFICER now owns 1,019,911 shares after completing the transaction at $11.34 per share. On Dec 10 ’24, another insider, Jason Les, who serves as the CEO of the company, bought 150,000 shares for $11.21 each.
Valuation Measures:
As of this moment, Riot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.09 while its Price-to-Book (P/B) ratio in mrq is 0.97.
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 $6.36. The 50-Day Moving Average of the stock is -23.41%, while the 200-Day Moving Average is calculated to be -12.98%.
Shares Statistics:
A total of 344.89M shares are outstanding, with a floating share count of 319.52M. Insiders hold about 7.10% of the company’s shares, while institutions hold 57.15% stake in the company.
