12.2 C
New York
Monday, June 5, 2023

Value Investing Philosophy And Riot Platforms Inc. (NASDAQ: RIOT)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Riot Platforms Inc. (RIOT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.16, or -1.45%, to $10.91. The Riot Platforms Inc. has recorded 79,386 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Riot to Constitute Advisory Board; Will Feature Former ERCOT Interim-CEO Brad Jones.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

RIOT belongs to the Financial sector of the NASDAQ while operating in the Capital Markets industry. At the end of the last regular session, the stock closed at $11.07 and fluctuated between $11.53 as its day high and $10.66 as its day low. The current market capitalization of Riot Platforms Inc. is $1.94B. A total of 13.86 million shares were traded on the day, compared to an average of 22.09M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, RIOT has seen 0 BUY and 5 SELL insider trades, representing the acquisition of 0 and the disposition of 64,145 shares. Over the last 12 months, there were 38 BUYs and 35 SELLs from insiders. Insiders purchased 10,584,857 shares during that period but sold 1,400,814.

In the most recent transaction, D’Ambrosio Lance Varro sold 26,000 shares of RIOT for 12.51 per share on Apr 17. After the transaction, the Director now owns 43,441 company shares. In a previous transaction on Jan 17, D’Ambrosio Lance Varro sold 26,000 shares at 6.39 per share. RIOT shares that Director owns now total 69,441.

Among the insiders who sold shares, Jackman William Richard disposed of 25,000 shares on Dec 15 at a per-share price of $4.00. This resulted in the EVP & General Counsel holding 1,018,389 shares of RIOT after the transaction. In another insider transaction, Harris Chad Everett sold 75,565 shares at $4.15 per share on Dec 07. Company shares held by the EVP, CCO now total 984,942.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. RIOT’s most recent ex-dividend date was 10/12/2017 when it declared a $1.00 quarterly dividend that was paid in cash on 10/18/2017.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for RIOT in the last 3 months, the mean price target is $12.01 with high estimates of $16.00 and low estimates of $6.00. In terms of 52-week highs and lows, RIOT has a high of $14.43 and a low of $3.25.

As of this writing, RIOT has an earnings estimate of -$0.25 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.12 per share and a lower estimate of -$0.31. The company reported an EPS of -$0.9 in the last quarter, which was -592.30% lower than expectations of -$0.13.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. RIOT’s latest balance sheet shows that the firm has $482.66M in Cash & Short Term Investments as of fiscal 2021. There were $13.44M in debt and $109.88M in liabilities at the time. Its Book Value Per Share was $6.53, while its Total Shareholder’s Equity was $1.36B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RIOT is Buy with a score of 4.67.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles