Currently, there are 344.89M common shares owned by the public and among those 319.52M shares have been available to trade.
The company’s stock has a 5-day price change of -11.28% and -23.05% over the past three months. RIOT shares are trading -9.11% year to date (YTD), with the 12-month market performance down to -44.76% lower. It has a 12-month low price of $6.36 and touched a high of $17.59 over the same period. RIOT has an average intraday trading volume of 33.65 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 -16.00%, -20.49%, and -8.88% respectively.
Institutional ownership of Riot Platforms Inc (NASDAQ: RIOT) shares accounts for 57.15% of the company’s 344.89M shares outstanding.
It has a market capitalization of $3.19B and a beta (3y monthly) value of 4.37. The stock’s trailing 12-month PE ratio is 26.95, while the earnings-per-share (ttm) stands at $0.34. The company has a PEG of 0.38 and a Quick Ratio of 3.74 with the debt-to-equity ratio at 0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.95% over the week and 8.14% over the month.
Analysts forecast that Riot Platforms Inc (RIOT) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and -0.36 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to decrease by -290.13%, and 45.79% 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.
