Currently, there are 324.28M common shares owned by the public and among those 319.46M shares have been available to trade.
The company’s stock has a 5-day price change of -2.02% and 19.88% over the past three months. RIOT shares are trading 14.01% year to date (YTD), with the 12-month market performance up to 7.68% higher. 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 35.51 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 -5.07%, -3.62%, and 14.26% respectively.
Institutional ownership of Riot Platforms Inc (NASDAQ: RIOT) shares accounts for 40.80% of the company’s 324.28M shares outstanding.
It has a market capitalization of $4.00B and a beta (3y monthly) value of 4.33. The stock’s trailing 12-month PE ratio is 39.86, while the earnings-per-share (ttm) stands at $0.29. The company has a PEG of 3.91 and a Quick Ratio of 5.68 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.36% over the week and 8.52% over the month.
Earnings per share for the fiscal year are expected to decrease by -22.51%, and -52.67% over the next financial year. EPS should shrink at an annualized rate of 10.20% over the next five years, compared to 42.06% over the past 5-year period.
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.