Currently, there are 78.03M common shares owned by the public and among those 66.21M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -18.06% and -41.53% over the past three months. RCAT shares are trading -57.82% year to date (YTD), with the 12-month market performance up to 641.15% higher. It has a 12-month low price of $0.70 and touched a high of $15.27 over the same period. RCAT has an average intraday trading volume of 10.14 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -35.10%, -43.56%, and 13.91% respectively.
Institutional ownership of Red Cat Holdings Inc (NASDAQ: RCAT) shares accounts for 35.29% of the company’s 78.03M shares outstanding.
It has a market capitalization of $464.05M and a beta (3y monthly) value of 0.41. The earnings-per-share (ttm) stands at -$0.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.69% over the week and 10.62% over the month.
Earnings per share for the fiscal year are expected to decrease by -25.00%, and 96.00% over the next financial year.
Looking at the support for the RCAT, a number of firms have released research notes about the stock. Ladenburg Thalmann stated their Buy rating for the stock in a research note on June 14, 2024, with the firm’s price target at $4.
