Riot Platforms Inc (NASDAQ:RIOT) currently has a daily average trading volume of 27.82M but it saw 37772856 shares traded in last market. With a market cap of 3.16B USD, the company’s current market price of $8.84 came falling about -1.01 while comparing to the previous closing price of $8.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.87 and as low as $6.19.
Macquarie also issued its recommendations for the stock as it initiated the price target for the stock is $15.
Over the week, RIOT’s stock price is moving -0.79% down while it is 24.16% when we observe its performance for the past one month. Year-to-date it is -13.42% down and over the past year, the stock is showing a downside performance of -12.13%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $158.09M as analysts are expecting the sales for current fiscal year at $641.53M and seeing the company making $751.49M in sales next year. Moreover, analysts are in estimates of $146.12M for current-quarter revenue.
Currently, Riot Platforms Inc’s total number of outstanding shares is 350.18M with 6.76% of that held by the insiders while 59.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -11.21% and return on equity (ROE) at -14.71%. Stock’s beta reads 4.60. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 6.88. Its return on asset (ROA) is -12.60% on average.
