With 22.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 30.8 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $10.86 whereas the lowest price it dropped to was $9.985. The 52-week range on RIOT shows that it touched its highest point at $18.36 and its lowest point at $6.36 during that stretch. It currently has a 1-year price target of $17.63. RIOT paid its most recent dividend on 1507766400, while the ex-dividend date for that was 1507766400. Beta for the stock currently stands at 4.21.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RIOT was down-trending over the past week, with a drop of -5.46%, but this was down by -19.29% over a month. Three-month performance surged to 44.21% while six-month performance rose 5.04%. The stock lost -34.00% in the past year, while it has lost -34.00% so far this year. A look at the trailing 12-month EPS for RIOT yields 0.29 with Next year EPS estimates of -0.45. For the next quarter, that number is -0.14. This implies an EPS growth rate of -4.43% for this year and -56.43% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 42.06%.
Float and Shares Shorts:
At present, 324.28 million RIOT shares are outstanding with a float of 318.61 million shares on hand for trading. On 2024-12-13, short shares totaled 59.52 million, which was 1729.9999999999998 higher than short shares on 1731628800. In addition to Mr. Soo Li Yi as the firm’s Executive Chairman, Mr. Jason Les serves as its CEO & Executive Director.
Institutional Ownership:
Through their ownership of 0.39824 of RIOT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, RIOT reported revenue of $84786000.0 and operating income of -$102670000.0. The EBITDA in the recently reported quarter was $14255000.0 and diluted EPS was -$0.54.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RIOT since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RIOT analysts setting a high price target of 25.0 and a low target of 11.0, the average target price over the next 12 months is 17.9. Based on these targets, RIOT could surge 144.86% to reach the target high and rise by 7.74% to reach the target low. Reaching the average price target will result in a growth of 75.32% from current levels.
Analysts have provided yearly estimates in a range of -$0.23267 being high and -$0.33239 being low. For RIOT, this leads to a yearly average estimate of -$0.29084. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
