Red Cat Holdings Inc (RCAT) is heading in the right direction with an average volume of $6.49M

Witnessing the stock’s movement on the chart, on Thursday, Red Cat Holdings Inc (NASDAQ: RCAT) had a quiet start as it plunged -22.15% to $5.80, before settling in for the price of $7.45 at the close. Taking a more long-term approach, RCAT posted a 52-week range of $0.80-$15.27.

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The Technology sector firm’s twelve-monthly sales growth has been 356.04% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 54.36%. This publicly-traded company’s shares outstanding now amounts to $78.03 million, simultaneously with a float of $67.47 million. The organization now has a market capitalization sitting at $496.75 million. At the time of writing, stock’s 50-day Moving Average stood at $7.01, while the 200-day Moving Average is $5.41.

Red Cat Holdings Inc (RCAT) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Computer Hardware industry. Red Cat Holdings Inc’s current insider ownership accounts for 21.23%, in contrast to 35.26% institutional ownership. According to the most recent insider trade that took place on Dec 26 ’24, this organization’s Director sold 25,000 shares at the rate of 13.61, making the entire transaction reach 340,250 in total value, affecting insider ownership by 610,190. Preceding that transaction, on Dec 30 ’24, Company’s Director sold 15,000 for 14.24, making the whole transaction’s value amount to 213,600. This particular insider is now the holder of 585,190 in total.

Red Cat Holdings Inc (NASDAQ: RCAT) Trading Performance Indicators

Let’s observe the current performance indicators for Red Cat Holdings Inc (RCAT). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 30.16.

In the same vein, RCAT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.54.

Technical Analysis of Red Cat Holdings Inc (RCAT)

Going through the that latest performance of [Red Cat Holdings Inc, RCAT]. Its last 5-days volume of 6.72 million was inferior to the volume of 6.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 52.08% While, its Average True Range was 1.04.

Raw Stochastic average of Red Cat Holdings Inc (RCAT) in the period of the previous 100 days is set at 17.54%, which indicates a major rise in contrast to 16.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 159.13% that was higher than 155.98% volatility it exhibited in the past 100-days period.