Red Cat Holdings Inc (RCAT) concluded trading on Wednesday at a closing price of $8.74, with 7.4 million shares of worth about $64.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 217.82% during that period and on February 19, 2025 the price saw a loss of about -1.91%. Currently the company’s common shares owned by public are about 78.03M shares, out of which, 66.21M shares are available for trading.
Stock saw a price change of -9.10% in past 5 days and over the past one month there was a price change of 2.16%. Year-to-date (YTD), RCAT shares are showing a performance of -31.98% which increased to 1183.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.67 but also hit the highest price of $15.27 during that period. The average intraday trading volume for Red Cat Holdings Inc shares is 11.16 million. The stock is currently trading -5.80% below its 20-day simple moving average (SMA20), while that difference is down -11.73% for SMA50 and it goes to 93.74% higher than SMA200.
Red Cat Holdings Inc (NASDAQ: RCAT) currently have 78.03M outstanding shares and institutions hold larger chunk of about 35.25% of that.
The stock has a current market capitalization of $748.30M and its 3Y-monthly beta is at 0.42. It has posted earnings per share of -$0.54 in the same period. It has Quick Ratio of 0.60 while making debt-to-equity ratio of 0.51. 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 7.64% while standing at 11.32% over the month.
Stock’s fiscal year EPS is expected to rise by 52.50% while it is estimated to increase by 89.47% 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.
