Red Cat Holdings Inc (RCAT) concluded trading on Wednesday at a closing price of $7.29, with 4.06 million shares of worth about $29.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 629.00% during that period and on December 11, 2024 the price saw a loss of about -5.32%. Currently the company’s common shares owned by public are about 74.89M shares, out of which, 57.09M shares are available for trading.
Stock saw a price change of -13.11% in past 5 days and over the past one month there was a price change of 94.40%. Year-to-date (YTD), RCAT shares are showing a performance of 728.41% which increased to 1115.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.54 but also hit the highest price of $12.57 during that period. The average intraday trading volume for Red Cat Holdings Inc shares is 3.81 million. The stock is currently trading -3.74% below its 20-day simple moving average (SMA20), while that difference is up 46.46% for SMA50 and it goes to 198.08% higher than SMA200.
Red Cat Holdings Inc (NASDAQ: RCAT) currently have 74.89M outstanding shares and institutions hold larger chunk of about 13.22% of that.
The stock has a current market capitalization of $550.14M and its 3Y-monthly beta is at 0.48. 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 12.10% while standing at 16.45% over the month.
Stock’s fiscal year EPS is expected to rise by 66.25% while it is estimated to increase by 159.26% in next year.
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.
