In the last trading session, 39.54 million shares of the Riot Platforms Inc (NASDAQ:RIOT) were traded, and its beta was 4.60. Most recently the company’s share price was $9.14, and it changed around $0.59 or 6.90% from the last close, which brings the market valuation of the company to $3.27B. RIOT currently trades at a discount to its 52-week high of $15.87, offering almost -73.63% off that amount. The share price’s 52-week low was $6.19, which indicates that the current value has risen by an impressive 32.28% since then.
Riot Platforms Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.18. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 1 recommended RIOT as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight.
Riot Platforms Inc (NASDAQ:RIOT) trade information
Instantly RIOT has showed a green trend with a performance of 6.90% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.52 on recent trading dayincreased the stock’s daily price by 3.99%. The company’s shares are currently down -10.48% year-to-date, but still up 1.90% over the last five days. On the other hand, Riot Platforms Inc (NASDAQ:RIOT) is 17.63% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to increase their stock price by 54.3% from its current value. Analyst projections state that RIOT is forecast to be at a low of $20 and a high of $20.
RIOT Dividends
Riot Platforms Inc’s next quarterly earnings report is expected to be released in June.
BLACKROCK INC., with 8.1163% or 21.48 million shares worth $196.31 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 9.41 shares worth $86.03 million, making up 2.63% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 8.22 shares worth around $75.1 million, which represents about 2.30% of the total shares outstanding.
