Riot Platforms Inc (NASDAQ: RIOT) is -23.11% lower on its value in year-to-date trading and has touched a low of $6.36 and a high of $15.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RIOT stock was last observed hovering at around $7.72 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $7.85, the stock is -18.57% and -28.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.13 million and changing 1.68% at the moment leaves the stock -22.30% off its SMA200. RIOT registered -36.44% loss for a year compared to 6-month gain of 15.27%.
The stock witnessed a -32.50% loss in the last 1 month and extending the period to 3 months gives it a -39.38%, and is -11.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.10% over the week and 8.85% over the month.
Riot Platforms Inc (RIOT) has around 783 employees, a market worth around $2.75B and $376.66M in sales. Current P/E ratio is 22.79. Profit margin for the company is 29.05%. Distance from 52-week low is 23.52% and -50.54% from its 52-week high. The company has generated returns on investments over the last 12 months (2.92%).
with sales reaching $159.24M over the same period.The EPS is expected to shrink by -291.45% this year, but quarterly earnings will post 83.10% year-over-year. Quarterly sales are estimated to grow 100.82% in year-over-year returns.
The shares outstanding are 344.89M, and float is at 325.42M with Short Float at 24.15%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.54 million shares valued at $269.95 million. The investor’s holdings represent 11.3814 of the RIOT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.48 million shares valued at $196.31 million to account for 8.2764 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 8.97 million shares representing 3.4567 and valued at over $81.99 million, while STATE STREET CORP holds 2.7497 of the shares totaling 7.14 million with a market value of $65.22 million.
Riot Platforms Inc (RIOT) Insider Activity
The most recent transaction is an insider sale by Marleau Hubert, the company’s Director. SEC filings show that Marleau Hubert sold 61,000 shares of the company’s common stock on Mar 03 ’25 at a price of $9.58 per share for a total of $0.58 million. Following the sale, the insider now owns 5000.0 shares.
Still, SEC filings show that on Dec 10 ’24, Les Jason (CHIEF EXECUTIVE OFFICER) disposed off 50,000 shares at an average price of $11.34 for $0.57 million. The insider now directly holds 1,019,911 shares of Riot Platforms Inc (RIOT).
