On Monday, Red Cat Holdings Inc (NASDAQ: RCAT) was -6.00% drop from the session before settling in for the closing price of $8.17. A 52-week range for RCAT has been $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
During the last 5-year period, the sales growth of Technology Sector giant was 356.04%. When this article was written, the company’s average yearly earnings per share was at 66.25%. With a float of $57.09 million, this company’s outstanding shares have now reached $74.89 million.
Let’s determine the extent of company efficiency that accounts for 89 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Red Cat Holdings Inc stocks. 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
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
You can see what Red Cat Holdings Inc (RCAT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 30.73.
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)
Looking closely at Red Cat Holdings Inc (NASDAQ: RCAT), its last 5-days average volume was 7.04 million, which is a jump from its year-to-date volume of 1.54 million. As of the previous 9 days, the stock’s Stochastic %D was 9.84%. Additionally, its Average True Range was 1.16.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 55.18%, which indicates a significant increase from 39.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 221.40% in the past 14 days, which was higher than the 128.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.79, while its 200-day Moving Average is $2.38. However, in the short run, Red Cat Holdings Inc’s stock first resistance to watch stands at $8.10. Second resistance stands at $8.53. The third major resistance level sits at $8.78. If the price goes on to break the first support level at $7.42, it is likely to go to the next support level at $7.17. Now, if the price goes above the second support level, the third support stands at $6.74.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
There are 75,465K outstanding shares of the company, which has a market capitalization of 579.57 million. As of now, sales total 17,840 K while income totals -24,050 K. Its latest quarter income was 2,780 K while its last quarter net income were -12,420 K.
