Riot Platforms Inc (NASDAQ:RIOT) shares, rose in value on Wednesday, July 09, with the stock price up by 5.79% to the previous day’s close as strong demand from buyers drove the stock to $12.24.
Actively observing the price movement in the last trading, the stock closed the session at $11.57, falling within a range of $11.41 and $12.29. 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 24.26% over the past month.
With the market capitalization of Riot Platforms Inc currently standing at about $4.37 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-01.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 648.24M, with a low estimate of 134.26M and a high estimate of 170.2M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 148.02M.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of RIOT currently trading nearly 14.98% and 30.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.92, while the 7-day volatility ratio is showing 6.56% which for the 30-day chart, stands at 6.61%. Furthermore, Riot Platforms Inc (RIOT)’s beta value is 4.62.
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 5.79% in last session, and over the past year, it grew by 19.88%%.
Data on historical trading for Riot Platforms Inc (NASDAQ:RIOT) indicates that the trading volumes over the past 10 days have averaged 39.31 and over the past 3 months, they’ve averaged 35.46 million. According to company’s latest data on outstanding shares, there are 350.18 million shares outstanding.
Nearly 7.50% of Riot Platforms Inc’s shares belong to company insiders and institutional investors own 57.88% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 84.44 million shares as on 2025-06-13, resulting in a short ratio of 2.34. According to the data, the short interest in Riot Platforms Inc (RIOT) stood at 2410.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 84.86 million. The stock has risen by 26.97% 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.
