Red Cat Holdings Inc (RCAT) recent quarterly performance of 43.95% is not showing the real picture

Red Cat Holdings Inc (NASDAQ: RCAT) started the day on Thursday, with a price increase of 7.21% at $3.57, before settling in for the price of $3.33 at the close. Taking a more long-term approach, RCAT posted a 52-week range of $0.52-$3.94.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 356.04%. Meanwhile, its Annual Earning per share during the time was 54.36%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 62.50%. This publicly-traded company’s shares outstanding now amounts to $74.29 million, simultaneously with a float of $58.10 million. The organization now has a market capitalization sitting at $269.21 million. At the time of writing, stock’s 50-day Moving Average stood at $3.02, while the 200-day Moving Average is $1.71.

Red Cat Holdings Inc (RCAT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Computer Hardware Industry. Red Cat Holdings Inc’s current insider ownership accounts for 22.95%, in contrast to 16.46% institutional ownership.

Red Cat Holdings Inc (RCAT) Earnings and Revenue Records

Red Cat Holdings Inc’s EPS increase for this current 12-month fiscal period is 62.50%.

Red Cat Holdings Inc (NASDAQ: RCAT) Trading Performance Indicators

Let’s observe the current performance indicators for Red Cat Holdings Inc (RCAT). It’s Quick Ratio in the last reported quarter now stands at 2.60. The Stock has managed to achieve an average true range (ATR) of 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 14.27.

In the same vein, RCAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.46, a figure that is expected to reach -0.08 in the next quarter.

Technical Analysis of Red Cat Holdings Inc (RCAT)

If we take a close look at the recent performances of Red Cat Holdings Inc (NASDAQ: RCAT), its last 5-days Average volume was 1.02 million that shows progress from its year to date volume of 0.89 million. During the previous 9 days, stock’s Stochastic %D was recorded 90.62% While, its Average True Range was 0.28.

Raw Stochastic average of Red Cat Holdings Inc (RCAT) in the period of the previous 100 days is set at 87.41%, which indicates a major fall in contrast to 96.81% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 86.60% that was lower than 105.28% volatility it exhibited in the past 100-days period.