The stock of Rivian Automotive Inc (RIVN) has seen a -11.57% decrease in the past week, with a -7.66% drop in the past month, and a 21.73% flourish in the past quarter. The volatility ratio for the week is 6.15%, and the volatility levels for the past 30 days are at 6.77% for RIVN. The simple moving average for the past 20 days is -8.05% for RIVN’s stock, with a 3.79% simple moving average for the past 200 days.
Is It Worth Investing in Rivian Automotive Inc (NASDAQ: RIVN) Right Now?
RIVN has 36-month beta value of 2.02. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 4 as “overweight,” 15 as “hold,” and 0 as “sell.”
The public float for RIVN is 742.92M, and currently, short sellers hold a 19.50% ratio of that float. The average trading volume of RIVN on January 27, 2025 was 41.93M shares.
RIVN) stock’s latest price update
The stock price of Rivian Automotive Inc (NASDAQ: RIVN) has surged by 2.24 when compared to previous closing price of 12.49, but the company has seen a -11.57% decline in its stock price over the last five trading sessions. fool.com reported 2025-01-26 that Innovations in battery technology, charging infrastructure, and falling costs could help electric vehicles (EVs) achieve widespread adoption.
Analysts’ Opinion of RIVN
Many brokerage firms have already submitted their reports for RIVN stocks, with Robert W. Baird repeating the rating for RIVN by listing it as a “Neutral.” The predicted price for RIVN in the upcoming period, according to Robert W. Baird is $16 based on the research report published on December 18, 2024 of the previous year 2024.
The Benchmark Company, on the other hand, stated in their research note that they expect to see RIVN reach a price target of $18. The rating they have provided for RIVN stocks is “Buy” according to the report published on December 09th, 2024.
BofA Securities gave a rating of “Neutral” to RIVN, setting the target price at $13 in the report published on November 08th of the previous year.
RIVN Trading at -1.09% from the 50-Day Moving Average
After a stumble in the market that brought RIVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.27% of loss for the given period.
Volatility was left at 6.77%, however, over the last 30 days, the volatility rate increased by 6.15%, as shares sank -7.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.59% upper at present.
During the last 5 trading sessions, RIVN fell by -11.57%, which changed the moving average for the period of 200-days by +22.32% in comparison to the 20-day moving average, which settled at $13.89. In addition, Rivian Automotive Inc saw -3.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RIVN starting from Scaringe Robert J, who sale 35,713 shares at the price of $13.76 back on Jan 21 ’25. After this action, Scaringe Robert J now owns 863,361 shares of Rivian Automotive Inc, valued at $491,414 using the latest closing price.
ROBERT J. SCARINGE, the Officer of Rivian Automotive Inc, proposed sale 35,713 shares at $13.76 during a trade that took place back on Jan 21 ’25, which means that ROBERT J. SCARINGE is holding shares at $491,414 based on the most recent closing price.
Stock Fundamentals for RIVN
Current profitability levels for the company are sitting at:
- -1.23 for the present operating margin
- -0.45 for the gross margin
The net margin for Rivian Automotive Inc stands at -1.21. The total capital return value is set at -0.45. Equity return is now at value -67.16, with -35.97 for asset returns.
Based on Rivian Automotive Inc (RIVN), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at -0.64. The debt to equity ratio resting at 1.06. The interest coverage ratio of the stock is -18.09.
Currently, EBITDA for the company is -4.27 billion with net debt to EBITDA at -0.21. When we switch over and look at the enterprise to sales, we see a ratio of 3.03. The receivables turnover for the company is 20.97for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.09.
Conclusion
To put it simply, Rivian Automotive Inc (RIVN) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
