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 $28.06 on 07/27/23, while the lowest price during the same period was $8.26 on 04/16/24.
52-week price history of RIVN Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Rivian Automotive Inc’s current trading price is -47.29% away from its 52-week high, while its distance from the 52-week low is 79.06%. The stock’s price range for this period has remained between $8.26 and $28.06. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 36.84 million for the day, which was noticeably lower compared to the shares’ average daily volume of 44.79 million over the last three months.
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Financial Performance and Market Capitalization
Rivian Automotive Inc (RIVN) has experienced a quarterly rise of 46.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.72B and boasts a workforce of 16790 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.21, with a change in price of -1.89. Similarly, Rivian Automotive Inc recorded 47,098,930 in trading volume during the last 100 days, posting a change of -11.33%.
RIVN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ 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 last 50 days is at 80.23%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 74.84%. Further, the company’s Stochastic %K and %D values for the last 20 days were 73.33% and 72.38%, respectively.
RIVN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -36.96% this year. Over the last six months, there has been a stronger performance of -27.21%. The price of RIVN fallen by 31.82% during the last 30 days period. For the last 5-days stocks have improved 2.21%.