Riot Platforms Inc (NASDAQ: RIOT) has experienced a rise in its stock price by 0.70 compared to its previous closing price of 12.23. However, the company has seen a gain of 5.80% in its stock price over the last five trading days. zacks.com reported 2025-02-13 that Riot Platforms, Inc. (RIOT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is It Worth Investing in Riot Platforms Inc (NASDAQ: RIOT) Right Now?
The price-to-earnings ratio for Riot Platforms Inc (NASDAQ: RIOT) is above average at 42.17x. The 36-month beta value for RIOT is also noteworthy at 4.32. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 6 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for RIOT is 319.46M, and at present, short sellers hold a 20.93% of that float. The average trading volume of RIOT on February 14, 2025 was 33.75M shares.
RIOT’s Market Performance
The stock of Riot Platforms Inc (RIOT) has seen a 5.80% increase in the past week, with a -8.51% drop in the past month, and a -14.78% fall in the past quarter. The volatility ratio for the week is 6.95%, and the volatility levels for the past 30 days are at 8.60% for RIOT. The simple moving average for the past 20 days is 2.22% for RIOT’s stock, with a 20.91% simple moving average for the past 200 days.
Analysts’ Opinion of RIOT
Piper Sandler, on the other hand, stated in their research note that they expect to see RIOT reach a price target of $23. The rating they have provided for RIOT stocks is “Overweight” according to the report published on December 17th, 2024.
Macquarie gave a rating of “Outperform” to RIOT, setting the target price at $15 in the report published on September 25th of the previous year.
RIOT Trading at 2.28% from the 50-Day Moving Average
After a stumble in the market that brought RIOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.92% of loss for the given period.
Volatility was left at 8.60%, however, over the last 30 days, the volatility rate increased by 6.95%, as shares sank -7.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.40% upper at present.
During the last 5 trading sessions, RIOT rose by +5.41%, which changed the moving average for the period of 200-days by +10.74% in comparison to the 20-day moving average, which settled at $12.05. In addition, Riot Platforms Inc saw 20.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RIOT starting from Les Jason, who sale 50,000 shares at the price of $11.34 back on Dec 10 ’24. After this action, Les Jason now owns 1,019,911 shares of Riot Platforms Inc, valued at $567,000 using the latest closing price.
Jason Les, the CEO of Riot Platforms Inc, proposed sale 150,000 shares at $11.21 during a trade that took place back on Dec 10 ’24, which means that Jason Les is holding shares at $1,681,500 based on the most recent closing price.
Stock Fundamentals for RIOT
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- -0.07 for the gross margin
The net margin for Riot Platforms Inc stands at 0.17. The total capital return value is set at 0.01. Equity return is now at value 2.55, with 2.38 for asset returns.
Based on Riot Platforms Inc (RIOT), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -3.59. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 1.89.
Currently, EBITDA for the company is -2.79 million with net debt to EBITDA at -2.38. When we switch over and look at the enterprise to sales, we see a ratio of 12.49. The receivables turnover for the company is 10.19for trailing twelve months and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.68.
Conclusion
In summary, Riot Platforms Inc (RIOT) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
