Redwire Corporation (RDW) plunged -10.12 in the last month: It’s impossible to believe the numbers

On Monday, Redwire Corporation (NYSE: RDW) was -10.12% drop from the session before settling in for the closing price of $15.51. A 52-week range for RDW has been $2.68 – $18.54.

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

A company in the Industrials sector has jumped its sales by 69.37% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -140.00%. With a float of $23.90 million, this company’s outstanding shares have now reached $65.93 million.

In an organization with 700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 16.97%, operating margin of -9.93%, and the pretax margin is -18.73%.

Redwire Corporation (RDW) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Redwire Corporation stocks. The insider ownership of Redwire Corporation is 64.08%, while institutional ownership is 14.60%. The most recent insider transaction that took place on Jan 07 ’25, was worth 271,525. In this transaction 10% Owner of this company sold 15,364 shares at a rate of $17.67, taking the stock ownership to the 4,307,489 shares. Before that another transaction happened on Jan 06 ’25, when Company’s 10% Owner sold 100,000 for $18.02, making the entire transaction worth $1,801,840. This insider now owns 4,322,853 shares in total.

Redwire Corporation (RDW) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -140.00% per share during the next fiscal year.

Redwire Corporation (NYSE: RDW) Trading Performance Indicators

You can see what Redwire Corporation (RDW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.21, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.36 in one year’s time.

Technical Analysis of Redwire Corporation (RDW)

Let’s dig in a bit further. During the last 5-days, its volume was 1.28 million. That was better than the volume of 1.25 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.00%. Additionally, its Average True Range was 1.47.

During the past 100 days, Redwire Corporation’s (RDW) raw stochastic average was set at 64.26%, which indicates a significant increase from 29.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.42% in the past 14 days, which was higher than the 80.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.70, while its 200-day Moving Average is $7.69. However, in the short run, Redwire Corporation’s stock first resistance to watch stands at $14.68. Second resistance stands at $15.42. The third major resistance level sits at $15.96. If the price goes on to break the first support level at $13.40, it is likely to go to the next support level at $12.86. Assuming the price breaks the second support level, the third support level stands at $12.12.

Redwire Corporation (NYSE: RDW) Key Stats

There are 66,541K outstanding shares of the company, which has a market capitalization of 927.58 million. As of now, sales total 243,800 K while income totals -27,260 K. Its latest quarter income was 68,640 K while its last quarter net income were -20,960 K.