Riot Platforms Inc (NASDAQ:RIOT) shares, rose in value on Wednesday, June 18, with the stock price up by 2.90% to the previous day’s close as strong demand from buyers drove the stock to $9.94.
Actively observing the price movement in the last trading, the stock closed the session at $9.66, falling within a range of $9.46 and $10.06. The value of beta (5-year monthly) was 4.542. Referring to stock’s 52-week performance, its high was $15.87, and the low was $6.19. On the whole, RIOT has fluctuated by 10.81% over the past month.
With the market capitalization of Riot Platforms Inc currently standing at about $3.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RIOT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of RIOT currently trading nearly 6.44% and 18.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.01, while the 7-day volatility ratio is showing 5.08% which for the 30-day chart, stands at 4.90%. Furthermore, Riot Platforms Inc (RIOT)’s beta value is 4.54, and its average true range (ATR) is 0.63.
A comparison of Riot Platforms Inc (RIOT) with its peers suggests the former has fared considerably weaker in the market. RIOT showed an intraday change of 2.90% in last session, and over the past year, it shrunk by -5.60%%.
Data on historical trading for Riot Platforms Inc (NASDAQ:RIOT) indicates that the trading volumes over the past 10 days have averaged 44.77 and over the past 3 months, they’ve averaged 31.28 million. According to company’s latest data on outstanding shares, there are 350.18 million shares outstanding.
Nearly 7.25% of Riot Platforms Inc’s shares belong to company insiders and institutional investors own 57.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 82.89 million shares as on 2025-05-30, resulting in a short ratio of 2.58. According to the data, the short interest in Riot Platforms Inc (RIOT) stood at 2366.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 83.51 million. The stock has fallen by -2.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RIOT stock heading into the next quarter.
