Nepsis, Inc. recently announced the acquisition of new stake in RiskOn International Inc (NASDAQ:ROI). The institutional investor has increased its shareholding in the Communication Services company by 1.43% to 96828.0 shares with purchase of 1361.0 shares. This fresh investment now brings its stake to 2.72% valued currently at $26144.0. In addition, Geode Capital Management LLC raised its holdings by 15436.0 to 15436.0 shares. And Osaic Wealth, Inc. has lifted its position by 100.33% or 1223.0 shares – to 2442.0 shares.
With over 9.79 million RiskOn International Inc (ROI) shares trading Friday and a closing price of $0.33 on the day, the dollar volume was approximately $3.23 million. The shares have shown a negative half year performance of -71.07% and its price on 12/29/23 gained nearly 16.74%. Currently, there are 3.56M common shares owned by the public and among those 2.77M shares have been available to trade.
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Insiders at the company have transacted a total of 15 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 15 of these insider trades were purchases, accounting for 385,207 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in RiskOn International Inc are Fidelity Extended Market Index Fu, Vanguard Extended Market Index Fu, and Fidelity Total Market Index Fund. Fidelity Extended Market Index Fu owns 12614.0 shares of the company’s stock, all valued at over $3406.0. Fidelity Total Market Index Fund now owns shares totaling to 0.04% of the shares outstanding.
Shares of RiskOn International Inc (NASDAQ: ROI) opened at $0.2874, up $0.01 from a prior closing price of $0.28. However, the script later moved the day high at 0.4000, up 16.74%. The company’s stock has a 5-day price change of 59.95% and -60.41% over the past three months. ROI shares are trading -95.17% year to date (YTD), with the 12-month market performance down to -93.92% lower. It has a 12-month low price of $0.13 and touched a high of $12.54 over the same period. ROI has an average intraday trading volume of 4.20 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 62.93%, -15.81%, and -74.66% respectively.
Institutional ownership of RiskOn International Inc (NASDAQ: ROI) shares accounts for 4.46% of the company’s 3.56M shares outstanding. Mutual fund holders own 17.12%, while other institutional holders and individual stakeholders account for 3.83% and 0.63% respectively.
It has a market capitalization of $1.18M and a beta (3y monthly) value of 0.97. The earnings-per-share (ttm) stands at -$53.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 94.10% over the week and 44.95% over the month.
Analysts forecast that RiskOn International Inc (ROI) will achieve an EPS of $Ring Energy, Inc. for the current quarter, $1.46 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Rockwell Automation, Inc. while analysts give the company a high EPS estimate of $Roivant Sciences Ltd.. Comparatively, EPS for the current quarter was $Cohen & Steers Quality Income R a year ago.
