A new trading day began on Monday, with Red Cat Holdings Inc (NASDAQ: RCAT) stock price down -0.09% from the previous day of trading, before settling in for the closing price of $10.76. RCAT’s price has ranged from $0.57 to $15.27 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 356.04%. Meanwhile, its annual earnings per share averaged 52.50%. With a float of $61.95 million, this company’s outstanding shares have now reached $78.03 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of Red Cat Holdings Inc is 22.72%, while institutional ownership is 13.74%. 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) Recent Fiscal highlights
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
Here are Red Cat Holdings Inc’s current performance indicators. According to the last quarter’s results, the 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 52.32.
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)
Looking closely at Red Cat Holdings Inc (NASDAQ: RCAT), its last 5-days average volume was 8.41 million, which is a drop from its year-to-date volume of 9.91 million. As of the previous 9 days, the stock’s Stochastic %D was 88.38%. Additionally, its Average True Range was 1.33.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 65.10%, which indicates a significant decrease from 86.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.04% in the past 14 days, which was lower than the 149.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.95, while its 200-day Moving Average is $4.28. However, in the short run, Red Cat Holdings Inc’s stock first resistance to watch stands at $11.30. Second resistance stands at $11.84. The third major resistance level sits at $12.49. If the price goes on to break the first support level at $10.11, it is likely to go to the next support level at $9.46. Now, if the price goes above the second support level, the third support stands at $8.92.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
With a market capitalization of 861.73 million, the company has a total of 80,161K Shares Outstanding. Currently, annual sales are 17,840 K while annual income is -24,050 K. The company’s previous quarter sales were 1,530 K while its latest quarter income was -13,330 K.
