On Monday, Red Cat Holdings Inc (NASDAQ: RCAT) opened lower -6.98% from the last session, before settling in for the closing price of $10.03. Price fluctuations for RCAT have ranged from $0.56 to $15.27 over the past 52 weeks.
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
Annual sales at Technology sector company grew by 356.04% over the past five years. Company’s average yearly earnings per share was noted 52.50% at the time writing. With a float of $60.86 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 Updates
A key investor’s attitude towards the stock of the Computer Hardware industry is another important factor to consider. The insider ownership of Red Cat Holdings Inc is 24.08%, 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) Performance Highlights and Predictions
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
Check out the current performance indicators for Red Cat Holdings Inc (RCAT). In the past 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 45.41.
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 11.25 million, a positive change from its year-to-date volume of 10.94 million. As of the previous 9 days, the stock’s Stochastic %D was 7.49%. Additionally, its Average True Range was 1.89.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 54.15%, which indicates a significant increase from 8.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 167.06% in the past 14 days, which was higher than the 144.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.17, while its 200-day Moving Average is $3.48. Nevertheless, the first resistance level for the watch stands at $9.75 in the near term. At $10.17, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.56. If the price goes on to break the first support level at $8.94, it is likely to go to the next support level at $8.56. Assuming the price breaks the second support level, the third support level stands at $8.14.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
There are currently 80,161K shares outstanding in the company with a market cap of 747.90 million. Presently, the company’s annual sales total 17,840 K according to its annual income of -24,050 K. Last quarter, the company’s sales amounted to 1,530 K and its income totaled -13,330 K.
