Stocks of Riot Platforms Inc (NASDAQ:RIOT) traded higher last session on Wall Street, down -0.77% to $7.76.
RIOT stock price is now -28.65% away from the 50-day moving average and -22.89% away from the 200-day moving average. The market capitalization of the company currently stands at $2.72B.
On December 17, 2024, Piper Sandler recently initiated its ‘Overweight’ rating on the stock quoting a target price of $23, while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Cho Hannah, Director bought 12,000 shares of the company’s stock on Mar 14 ’25. The stock was bought for $92,410 at an average price of $7.70. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Director Marleau Hubert sold 61,000 shares of the business’s stock. A total of $584,380 was realized by selling the stock at an average price of $9.58. This leaves the insider owning 5,000 shares of the company worth $38800.0. A total of 7.08% of the company’s stock is owned by insiders.
During the past 12 months, Riot Platforms Inc has had a low of $6.36 and a high of $15.87. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 3.74, and a quick ratio of 3.74. The fifty day moving average price for RIOT is $10.8761 and a two-hundred day moving average price translates $10.06405 for the stock.
The latest earnings results from Riot Platforms Inc (NASDAQ: RIOT) was released for 2024-12-31. The net profit margin was 29.05% and return on equity was 4.35% for RIOT. The company reported revenue of $142.56 million for the quarter, compared to $78.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 80.88 percent.
