Witnessing the stock’s movement on the chart, on Thursday, Red Cat Holdings Inc (NASDAQ: RCAT) set off with pace as it heaved 3.22% to $8.66, before settling in for the price of $8.39 at the close. Taking a more long-term approach, RCAT posted a 52-week range of $0.52-$12.57.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 66.25%. This publicly-traded company’s shares outstanding now amounts to $74.89 million, simultaneously with a float of $57.09 million. The organization now has a market capitalization sitting at $653.53 million. At the time of writing, stock’s 50-day Moving Average stood at $4.57, while the 200-day Moving Average is $2.31.
Red Cat Holdings Inc (RCAT) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Red Cat Holdings Inc’s current insider ownership accounts for 24.35%, in contrast to 16.81% 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 66.25% and is forecasted to reach 0.08 in the upcoming year.
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 1.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 34.65.
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 -0.09 in the next quarter, and analysts are predicting that it will be 0.08 at the market close of one year from today.
Technical Analysis of Red Cat Holdings Inc (RCAT)
Going through the that latest performance of [Red Cat Holdings Inc, RCAT]. Its last 5-days volume of 9.86 million indicated improvement to the volume of 1.51 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 34.33% While, its Average True Range was 1.50.
Raw Stochastic average of Red Cat Holdings Inc (RCAT) in the period of the previous 100 days is set at 64.23%, which indicates a major rise in contrast to 52.00% 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 216.00% that was higher than 129.54% volatility it exhibited in the past 100-days period.
