Redwire Corporation (NYSE: RDW) on Tuesday, plunged -9.36% from the previous trading day, before settling in for the closing price of $9.19. Within the past 52 weeks, RDW’s price has moved between $2.35 and $9.36.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 69.37%. The company achieved an average annual earnings per share of -89.25%. With a float of $23.44 million, this company’s outstanding shares have now reached $65.55 million.
Considering the fact that the conglomerate employs 700 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.06%, operating margin of -6.79%, and the pretax margin is -14.03%.
Redwire Corporation (RDW) Insider Activity
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Redwire Corporation is 64.77%, while institutional ownership is 13.05%. The most recent insider transaction that took place on Jul 18 ’24, was worth 286,249. In this transaction Director of this company sold 39,266 shares at a rate of $7.29, taking the stock ownership to the 35,733,411 shares. Before that another transaction happened on Jul 19 ’24, when Company’s Director sold 24,883 for $7.10, making the entire transaction worth $176,669. This insider now owns 35,708,528 shares in total.
Redwire Corporation (RDW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -89.25% per share during the next fiscal year.
Redwire Corporation (NYSE: RDW) Trading Performance Indicators
Redwire Corporation (RDW) is currently performing well based on its current performance indicators. A quick ratio of 0.96 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.98, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Redwire Corporation (RDW)
Compared to the last year’s volume of 0.33 million, its volume of 0.44 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 51.07%. Additionally, its Average True Range was 0.57.
During the past 100 days, Redwire Corporation’s (RDW) raw stochastic average was set at 77.06%, which indicates a significant increase from 52.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.51% in the past 14 days, which was lower than the 79.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.12, while its 200-day Moving Average is $5.30. Nevertheless, the first resistance level for the watch stands at $8.76 in the near term. At $9.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.41. If the price goes on to break the first support level at $8.11, it is likely to go to the next support level at $7.89. Should the price break the second support level, the third support level stands at $7.46.
Redwire Corporation (NYSE: RDW) Key Stats
Market capitalization of the company is 554.28 million based on 66,536K outstanding shares. Right now, sales total 243,800 K and income totals -27,260 K. The company made 78,110 K in profit during its latest quarter, and -18,090 K in sales during its previous quarter.
