Currently, there are 65.93M common shares owned by the public and among those 23.92M shares have been available to trade.
The company’s stock has a 5-day price change of 60.19% and 163.33% over the past three months. RDW shares are trading 35.66% year to date (YTD), with the 12-month market performance up to 717.95% higher. It has a 12-month low price of $2.69 and touched a high of $18.54 over the same period. RDW has an average intraday trading volume of 875.68K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 40.00%, 65.22%, and 179.92% respectively.
Institutional ownership of Redwire Corporation (NYSE: RDW) shares accounts for 14.62% of the company’s 65.93M shares outstanding.
It has a market capitalization of $1.49B and a beta (3y monthly) value of 2.17. The earnings-per-share (ttm) stands at -$1.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.27% over the week and 11.81% over the month.
Earnings per share for the fiscal year are expected to decrease by -140.00%, and 76.68% over the next financial year.
Looking at the support for the RDW, a number of firms have released research notes about the stock. H.C. Wainwright stated their Buy rating for the stock in a research note on November 26, 2024, with the firm’s price target at $18. B. Riley Securities coverage for the Redwire Corporation (RDW) stock in a research note released on October 29, 2024 offered a Neutral rating with a price target of $9.50. B. Riley Securities was of a view on August 09, 2024 that the stock is Buy, while B. Riley Securities gave the stock Neutral rating on July 22, 2024, issuing a price target of $6- $8. Cantor Fitzgerald on their part issued Overweight rating on February 02, 2024.
