A new trading day began on Monday, with Red Cat Holdings Inc (NASDAQ: RCAT) stock price down -10.16% from the previous day of trading, before settling in for the closing price of $6.20. RCAT’s price has ranged from $0.70 to $15.27 over the past 52 weeks.
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Annual sales at Technology sector company grew by 356.04% over the past five years. Meanwhile, its annual earnings per share averaged -25.00%. With a float of $66.21 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
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 22.67%, while institutional ownership is 35.29%. 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 -25.00% 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 28.96.
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 5.55 million, a negative change from its year-to-date volume of 8.6 million. As of the previous 9 days, the stock’s Stochastic %D was 3.54%. Additionally, its Average True Range was 0.97.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 23.07%, which indicates a significant increase from 1.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.28% in the past 14 days, which was lower than the 147.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.69, while its 200-day Moving Average is $4.74. Nevertheless, the first resistance level for the watch stands at $6.31 in the near term. At $7.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.48. If the price goes on to break the first support level at $5.14, it is likely to go to the next support level at $4.72. Assuming the price breaks the second support level, the third support level stands at $3.98.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
With a market capitalization of 476.89 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.
