As on Thursday, Red Cat Holdings Inc (NASDAQ: RCAT) started slowly as it slid -1.37% to $7.19, before settling in for the price of $7.29 at the close. Taking a more long-term approach, RCAT posted a 52-week range of $0.54-$12.57.
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It was noted that the giant of the Technology sector posted annual sales growth of 356.04% over the last 5 years. 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 $57.02 million. The organization now has a market capitalization sitting at $542.59 million. At the time of writing, stock’s 50-day Moving Average stood at $5.06, while the 200-day Moving Average is $2.48.
Red Cat Holdings Inc (RCAT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. Red Cat Holdings Inc’s current insider ownership accounts for 24.44%, in contrast to 13.22% 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 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 28.77.
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)
Through scrutinizing the latest numbers posted by the [Red Cat Holdings Inc, RCAT], it can be observed that its last 5-days Average volume of 4.64 million was better the volume of 1.57 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 7.88% While, its Average True Range was 1.18.
Raw Stochastic average of Red Cat Holdings Inc (RCAT) in the period of the previous 100 days is set at 50.69%, which indicates a major rise in contrast to 8.19% 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 182.58% that was higher than 126.66% volatility it exhibited in the past 100-days period.
