Currently, there are 960.00M common shares owned by the public and among those 717.45M shares have been available to trade.
The company’s stock has a 5-day price change of -9.19% and 49.75% over the past three months. RIVN shares are trading -37.25% year to date (YTD), with the 12-month market performance down to -43.19% lower. It has a 12-month low price of $8.26 and touched a high of $27.01 over the same period. RIVN has an average intraday trading volume of 45.29 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 -11.09%, 8.03%, and 1.73% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Rivian Automotive Inc (NASDAQ: RIVN) shares accounts for 45.37% of the company’s 960.00M shares outstanding.
It has a market capitalization of $14.65B and a beta (3y monthly) value of 2.09. The earnings-per-share (ttm) stands at -$5.76. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.34% over the week and 6.26% over the month.
Earnings per share for the fiscal year are expected to increase by 13.56%, and 32.38% over the next financial year.
Looking at the support for the RIVN, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on June 28, 2024, with the firm’s price target at $13-$20. Wedbush coverage for the Rivian Automotive Inc (RIVN) stock in a research note released on June 26, 2024 offered a Outperform rating with a price target of $20. Cantor Fitzgerald was of a view on June 26, 2024 that the stock is Overweight, while Guggenheim gave the stock Buy rating on June 25, 2024, issuing a price target of $18. Needham on their part issued Buy rating on April 18, 2024.
