In last trading session, Riot Platforms Inc (NASDAQ:RIOT) saw 30.06 million shares changing hands with its beta currently measuring 4.75. Company’s recent per share price level of $8.02 trading at $0.48 or 6.37% at ring of the bell on the day assigns it a market valuation of $2.81B. That closing price of RIOT’s stock is at a discount of -97.88% from its 52-week high price of $15.87 and is indicating a premium of 20.7% from its 52-week low price of $6.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 24.49 million shares which gives us an average trading volume of 28.97 million if we extend that period to 3-months.
For Riot Platforms Inc (RIOT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.19. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Riot Platforms Inc (NASDAQ:RIOT) trade information
Upright in the green during last session for gaining 6.37%, in the last five days RIOT remained trading in the green while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $8.02 price level, adding 1.96% to its value on the day. Riot Platforms Inc’s shares saw a change of -21.45% in year-to-date performance and have moved 1.52% in past 5-day. Riot Platforms Inc (NASDAQ:RIOT) showed a performance of -4.64% in past 30-days. Number of shares sold short was 79.24 million shares which calculate 2.89 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 15.25 to the stock, which implies a rise of 47.41% to its current value. Analysts have been projecting 10.5 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -30.92% in reaching the projected high whereas dropping to the targeted low would mean a loss of -30.92% for stock’s current value.
Riot Platforms Inc (NASDAQ:RIOT)’s Major holders
Insiders are in possession of 6.93% of company’s total shares while institution are holding 57.70 percent of that, with stock having share float percentage of 61.99%. Investors also watch the number of corporate investors in a company very closely, which is 57.70% institutions for Riot Platforms Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at RIOT for having 29.54 million shares of worth $269.95 million. And as of 2024-06-30, it was holding 11.3814 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 21.48 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1163 of outstanding shares, having a total worth of $196.31 million.
