On Monday, Red Cat Holdings Inc (NASDAQ: RCAT) was 2.60% up from the session before settling in for the closing price of $10.75. A 52-week range for RCAT has been $0.56 – $12.57.
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Annual sales at Technology sector company grew by 356.04% over the past five years. When this article was written, the company’s average yearly earnings per share was at 52.50%. With a float of $60.40 million, this company’s outstanding shares have now reached $78.03 million.
Let’s look at the performance matrix of the company that is accounted for 89 employees. In terms of profitability, gross margin is 10.92%, operating margin of -160.37%, and the pretax margin is -222.41%.
Red Cat Holdings Inc (RCAT) Insider and Institutional Ownership
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 24.65%, while institutional ownership is 12.44%. The most recent insider transaction that took place on Dec 20 ’24, was worth 2,853,903. In this transaction CTO, Red Cat Holdings of this company sold 287,113 shares at a rate of $9.94, taking the stock ownership to the 685,990 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Officer proposed sale 500,000 for $10.75, making the entire transaction worth $5,375,000.
Red Cat Holdings Inc (RCAT) Latest Financial update
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 52.50% 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 0.60. 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 -0.54, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Red Cat Holdings Inc (RCAT)
Red Cat Holdings Inc (NASDAQ: RCAT) saw its 5-day average volume 16.85 million, a positive change from its year-to-date volume of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 66.34%. Additionally, its Average True Range was 1.64.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 76.61%, which indicates a significant increase from 60.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 173.92% in the past 14 days, which was higher than the 137.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.94, while its 200-day Moving Average is $2.79. Nevertheless, the first resistance level for the watch stands at $13.27 in the near term. At $15.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.14. If the price goes on to break the first support level at $9.40, it is likely to go to the next support level at $7.78. The third support level lies at $5.53 if the price breaches the second support level.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
There are 80,161K outstanding shares of the company, which has a market capitalization of 884.17 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.
