Analyzing the Impact of Earnings Reports on Rivian Automotive Inc Inc. (RIVN) Price Performance

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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 metric has seen a significant loss of -50.90% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -37.32%. Over the past 30 days, the price of RIVN has fallen by 12.17%. And in the last five days, it has surged by 5.49%.

In terms of market performance, Rivian Automotive Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $28.06 on 07/27/23, while the lowest value was $8.26 on 04/16/24.

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52-week price history of RIVN Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Rivian Automotive Inc’s current trading price is -58.95% away from its 52-week high, while its distance from the 52-week low is 39.47%. The stock’s price range for this period has been between $8.26 and $28.06. The Consumer Cyclical sector company’s shares saw a trading volume of about 23.99 million for the day, which was lower than the average daily volume of 42.03 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Rivian Automotive Inc (RIVN) has experienced a quarterly decline of -9.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.47B and boasts a workforce of 16790 employees.

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 11.79, with a change in price of -6.30. Similarly, Rivian Automotive Inc recorded 42,728,980 in trading volume during the last 100 days, posting a change of -35.35%.

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 0.59. Similarly, the long-term debt-to-equity ratio is also 0.59.

RIVN Stock Stochastic Average

As of today, the raw stochastic average of Rivian Automotive Inc over the past 50 days is 84.24%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 73.37%. Additionally, the Stochastic %K and %D values for the company were 77.58% and 75.55%, respectively, over the past 20 days.

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