With 32.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 27.14 million shares. The 52-week range on RIOT shows that it touched its highest point at $15.87 and its lowest point at $6.19 during that stretch. It currently has a 1-year price target of $15.54. Beta for the stock currently stands at 4.62.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RIOT was up-trending over the past week, with a rise of 1.07%, but this was up by 14.98% over a month. Three-month performance dropped to -27.15% while six-month performance fell -12.67%. The stock lost -16.62% in the past year, while it has lost -16.94% so far this year. A look at the trailing 12-month EPS for RIOT yields -1.36 with Next year EPS estimates of -0.67. For the next quarter, that number is -0.20. This implies an EPS growth rate of -467.33% for this year and 46.37% for next year.
Float and Shares Shorts:
At present, 350.18 million RIOT shares are outstanding with a float of 331.98 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RIOT since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.27206 being high and -$0.38866 being low. For RIOT, this leads to a yearly average estimate of -$0.34008.
