RIVN’s Stock Market Adventure: -11.44% YTD Growth Amidst Volatility

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -11.44% this year. Over the last six months, there has been a weaker performance of 20.54%. The price of RIVN leaped by -9.78% during the last 30 days period. For the last 5-days stocks have improved 6.47%.

Rivian Automotive Inc (RIVN) has a current stock price of $16.32. During the previous trading session, the stock witnessed a notable rise, reaching a high of $17.75 after opening at $16.57. The stock’s low for the day was $16.25, and it eventually closed at $17.24.

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Rivian Automotive Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $34.49 on 11/17/22, while the lowest price during the same period was $11.68 on 04/26/23.

52-week price history of RIVN Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Rivian Automotive Inc’s current trading price is -52.68% away from its 52-week high, while its distance from the 52-week low is 39.74%. The stock’s price range over this timeframe has been between $11.68 and $34.49. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 17.3 million for the day, which was comparatively lower than the average daily volume of 36.44 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Rivian Automotive Inc (RIVN) has experienced a quarterly decline of -21.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.60B and boasts a workforce of 14122 employees.

Expert Opinions: Analysts’ Ratings for Rivian Automotive Inc

As of right now, 15 analysts are rating Rivian Automotive Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 21.28, with a change in price of +2.10. Similarly, Rivian Automotive Inc recorded 47,341,738 in trading volume during the last 100 days, posting a change of +15.03%.

RIVN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for RIVN stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.29.

RIVN Stock Stochastic Average

Rivian Automotive Inc’s raw stochastic average for the past 50 days is currently at 9.39%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 25.08%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 40.59% and 33.84%, respectively.

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