With 24.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 34.13 million shares. The 52-week range on RIOT shows that it touched its highest point at $15.87 and its lowest point at $6.36 during that stretch. It currently has a 1-year price target of $18.07. Beta for the stock currently stands at 4.60.
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 -9.81%, but this was down by -28.71% over a month. Three-month performance dropped to -31.05% while six-month performance rose 22.19%. The stock lost -31.67% in the past year, while it has lost -18.02% so far this year. A look at the trailing 12-month EPS for RIOT yields 0.34 with Next year EPS estimates of -0.36. For the next quarter, that number is -0.10. This implies an EPS growth rate of -291.45% for this year and 44.45% for next year.
Float and Shares Shorts:
At present, 344.89 million RIOT shares are outstanding with a float of 325.36 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.27206 being high and -$0.38866 being low. For RIOT, this leads to a yearly average estimate of -$0.34008. 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.
