Red Cat Holdings Inc (NASDAQ: RCAT) kicked off on Monday, down -10.24% from the previous trading day, before settling in for the closing price of $11.77. Over the past 52 weeks, RCAT has traded in a range of $0.52-$11.88.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 356.04%. While this was happening, its average annual earnings per share was recorded 66.25%. With a float of $57.09 million, this company’s outstanding shares have now reached $74.89 million.
Considering the fact that the conglomerate employs 89 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.02%, operating margin of -115.84%, and the pretax margin is -150.41%.
Red Cat Holdings Inc (RCAT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Red Cat Holdings Inc is 24.35%, while institutional ownership is 16.81%.
Red Cat Holdings Inc (RCAT) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported -0.1 earnings per share (EPS), lower than consensus estimate (set at -0.07) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.25% per share during the next fiscal year.
Red Cat Holdings Inc (NASDAQ: RCAT) Trading Performance Indicators
Take a look at Red Cat Holdings Inc’s (RCAT) current performance indicators. Last quarter, stock had a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 53.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.46, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of Red Cat Holdings Inc (RCAT)
Compared to the last year’s volume of 1.42 million, its volume of 11.24 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 85.69%. Additionally, its Average True Range was 1.12.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 81.79%, which indicates a significant increase from 77.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 188.60% in the past 14 days, which was higher than the 126.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.21, while its 200-day Moving Average is $2.19. Nevertheless, the first resistance level for the watch stands at $12.05 in the near term. At $13.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.51. If the price goes on to break the first support level at $9.59, it is likely to go to the next support level at $8.62. Now, if the price goes above the second support level, the third support stands at $7.13.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
The company with the Market Capitalisation of 1.01 billion has total of 75,465K Shares Outstanding. Its annual sales at the moment are 17,840 K in contrast with the sum of -24,050 K annual income. Company’s last quarter sales were recorded 2,780 K and last quarter income was -12,420 K.
