A new trading day began on Monday, with Red Cat Holdings Inc (NASDAQ: RCAT) stock price up 10.19% from the previous day of trading, before settling in for the closing price of $8.34. RCAT’s price has ranged from $1.00 to $15.27 over the past 52 weeks.
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Annual sales at Technology sector company grew by 78.28% over the past five years. Meanwhile, its annual earnings per share averaged 30.52%. With a float of $72.45 million, this company’s outstanding shares have now reached $85.65 million.
Let’s look at the performance matrix of the company that is accounted for 115 employees. In terms of profitability, gross margin is -1.25%, operating margin of -368.04%, and the pretax margin is -453.55%.
Red Cat Holdings Inc (RCAT) Insider and Institutional Ownership
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 20.31%, while institutional ownership is 20.79%. 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
According to the Wall Street analysts, stocks earnings will be around 30.52% 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 0.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 50.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.10 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 10.07 million, a positive change from its year-to-date volume of 6.73 million. As of the previous 9 days, the stock’s Stochastic %D was 76.96%. Additionally, its Average True Range was 0.91.
During the past 100 days, Red Cat Holdings Inc’s (RCAT) raw stochastic average was set at 69.43%, which indicates a significant decrease from 92.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.87% in the past 14 days, which was lower than the 109.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.39, while its 200-day Moving Average is $6.38. Nevertheless, the first resistance level for the watch stands at $9.69 in the near term. At $10.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.90. If the price goes on to break the first support level at $8.48, it is likely to go to the next support level at $7.76. The third support level lies at $7.27 if the price breaches the second support level.
Red Cat Holdings Inc (NASDAQ: RCAT) Key Stats
With a market capitalization of 835.51 million, the company has a total of 90,915K Shares Outstanding. Currently, annual sales are 17,836 K while annual income is -24,053 K. The company’s previous quarter sales were 1,630 K while its latest quarter income was -23,120 K.
