Currently, there are 324.28M common shares owned by the public and among those 318.61M shares have been available to trade.
The company’s stock has a 5-day price change of 14.72% and 53.45% over the past three months. RIOT shares are trading 17.53% year to date (YTD), with the 12-month market performance down to -23.76% lower. It has a 12-month low price of $6.36 and touched a high of $18.36 over the same period. RIOT has an average intraday trading volume of 31.51 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 1.00%, 1.05%, and 20.27% respectively.
Institutional ownership of Riot Platforms Inc (NASDAQ: RIOT) shares accounts for 39.17% of the company’s 324.28M shares outstanding.
It has a market capitalization of $4.13B and a beta (3y monthly) value of 4.23. The stock’s trailing 12-month PE ratio is 41.10, while the earnings-per-share (ttm) stands at $0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.57% over the week and 9.06% over the month.
Earnings per share for the fiscal year are expected to decrease by -4.43%, and -57.01% over the next financial year.
Piper Sandler coverage for the Riot Platforms Inc (RIOT) stock in a research note released on December 17, 2024 offered a Overweight rating with a price target of $23. Macquarie was of a view on September 25, 2024 that the stock is Outperform, while Needham gave the stock Buy rating on July 24, 2024, issuing a price target of $15- $13. JP Morgan on their part issued Neutral rating on December 08, 2023.
