RIVN Stock: Exploring Rivian Automotive Inc’s Growth

Rivian Automotive Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $28.06 on 07/27/23, while the lowest price for the same period was registered at $11.68 on 04/26/23.

52-week price history of RIVN Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rivian Automotive Inc’s current trading price is -41.80% away from its 52-week high, while its distance from the 52-week low is 39.81%. The stock’s price range during this period has spanned from $11.68 to $28.06. In the Consumer Cyclical sector, the Rivian Automotive Inc’s shares surpassed a trading volume of approximately 37.53 million for the day, which was noticeably higher compared to the average daily volume of 9.1.1 over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Rivian Automotive Inc (RIVN) has experienced a quarterly rise of 6.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.61B.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 18.54, with a change in price of -6.41. Similarly, Rivian Automotive Inc recorded 37,694,891 in trading volume during the last 100 days, posting a change of -28.19%.

Examining RIVN’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ 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

Today, Rivian Automotive Inc’s raw stochastic average for the past 50 days stands at 17.36%, indicating a decline from the raw stochastic average of the last 20 days, which was 50.73%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 44.39% and 32.33% respectively.

RIVN Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -30.39%. However, over the past six months, we’ve seen a stronger performance of -24.29%. The price of RIVN leaped by -13.09% over the last 30 days. And in the last five days, it has surged by 9.30%.

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