Red Cat Holdings Inc (RCAT) concluded trading on Wednesday at a closing price of $3.24, with 3.01 million shares of worth about $9.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 300.00% during that period and on October 02, 2024 the price saw a gain of about 10.20%. Currently the company’s common shares owned by public are about 74.29M shares, out of which, 58.04M shares are available for trading.
Stock saw a price change of 37.29% in past 5 days and over the past one month there was a price change of 9.83%. Year-to-date (YTD), RCAT shares are showing a performance of 268.18% which increased to 237.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.52 but also hit the highest price of $3.48 during that period. The average intraday trading volume for Red Cat Holdings Inc shares is 1.39 million. The stock is currently trading 16.65% above its 20-day simple moving average (SMA20), while that difference is up 22.29% for SMA50 and it goes to 134.43% higher than SMA200.
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Red Cat Holdings Inc (NASDAQ: RCAT) currently have 74.29M outstanding shares and institutions hold larger chunk of about 16.51% of that.
The stock has a current market capitalization of $244.33M and its 3Y-monthly beta is at -0.38. It has posted earnings per share of -$0.46 in the same period. It has Quick Ratio of 2.60 while making debt-to-equity ratio of 0.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RCAT, volatility over the week remained 13.24% while standing at 10.49% over the month.
Stock’s fiscal year EPS is expected to rise by 56.25%.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on June 14, 2024 offering a Buy rating for the stock and assigned a target price of $4 to it.
