On Tuesday, Red Cat Holdings Inc (NASDAQ: RCAT) was -9.99% drop from the session before settling in for the closing price of $7.76. A 52-week range for RCAT has been $0.69 – $15.27.
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A company in the Technology sector has jumped its sales by 356.04% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 52.50%. With a float of $66.21 million, this company’s outstanding shares have now reached $78.03 million.
In an organization with 89 employees, it is important to assess its efficiency. 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 22.67%, while institutional ownership is 35.25%. 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) 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 36.31.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 6.26 million. That was inferior than the volume of 9.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 3.70%. Additionally, its Average True Range was 1.08.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 35.56%, which indicates a significant increase from 0.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.60% in the past 14 days, which was lower than the 147.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.88, while its 200-day Moving Average is $4.61. However, in the short run, Red Cat Holdings Inc’s stock first resistance to watch stands at $7.49. Second resistance stands at $7.99. The third major resistance level sits at $8.25. If the price goes on to break the first support level at $6.73, it is likely to go to the next support level at $6.47. The third support level lies at $5.97 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 598.04 million. As of now, sales total 17,840 K while income totals -24,050 K. Its latest quarter income was 1,530 K while its last quarter net income were -13,330 K.
