Red Cat Holdings Inc (NASDAQ: RCAT) kicked off on Friday, up 10.65% from the previous trading day, before settling in for the closing price of $11.93. Over the past 52 weeks, RCAT has traded in a range of $0.56-$14.91.
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Technology Sector giant saw their annual sales surged by 356.04% over the last five years. While this was happening, its average annual earnings per share was recorded 52.50%. With a float of $60.86 million, this company’s outstanding shares have now reached $78.03 million.
The firm has a total of 89 workers. Let’s measure their productivity. 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 Activity
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 24.75%, while institutional ownership is 12.48%. The most recent insider transaction that took place on Dec 26 ’24, was worth 340,250. In this transaction Director of this company sold 25,000 shares at a rate of $13.61, taking the stock ownership to the 610,190 shares. Before that another transaction happened on Dec 30 ’24, when Company’s Director sold 15,000 for $14.24, making the entire transaction worth $213,600. This insider now owns 585,190 shares in total.
Red Cat Holdings Inc (RCAT) Earnings and Forecasts
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
Take a look at Red Cat Holdings Inc’s (RCAT) current performance indicators. Last quarter, stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 71.08.
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)
Analysing the last 5-days average volume posted by the [Red Cat Holdings Inc, RCAT], we can find that recorded value of 12.73 million was better than the volume posted last year of 10.18 million. As of the previous 9 days, the stock’s Stochastic %D was 67.22%. Additionally, its Average True Range was 1.93.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 86.43%, which indicates a significant increase from 77.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 186.14% in the past 14 days, which was higher than the 139.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.29, while its 200-day Moving Average is $3.21. Now, the first resistance to watch is $14.10. This is followed by the second major resistance level at $15.01. The third major resistance level sits at $16.03. If the price goes on to break the first support level at $12.17, it is likely to go to the next support level at $11.15. Should the price break the second support level, the third support level stands at $10.25.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
The company with the Market Capitalisation of 1.17 billion has total of 80,161K 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 1,530 K and last quarter income was -13,330 K.
