The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -38.98%.However, over the last six months, we can see a stronger performance of -9.40%. Over the last 30 days, the price of RIOT has fallen by 27.05%. And in the last five days, it has fallen by -2.07%.
Riot Platforms Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $18.75 on 12/27/23 and a low of $6.36 for the same time frame on 09/06/24.
52-week price history of RIOT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Riot Platforms Inc’s current trading price is -49.65% away from its 52-week high, while its distance from the 52-week low is 48.54%. The stock’s price range during this period has varied between$6.36 and $18.75. The Riot Platforms Inc’s shares, which operate in the Financial, saw a trading volume of around 22.85 million for the day, a figure considerably higher than their average daily volume of 18.36 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Riot Platforms Inc (RIOT) has experienced a quarterly rise of 13.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.93B and boasts a workforce of 534 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.89, with a change in price of -0.55. Similarly, Riot Platforms Inc recorded 20,191,596 in trading volume during the last 100 days, posting a change of -5.51%.
RIOT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RIOT stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
RIOT Stock Stochastic Average
As of today, Riot Platforms Inc’s raw stochastic average for the last 50 days stands at 63.81%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 51.12%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 60.47% and 75.00%, respectively.
