Are Analysts Expecting A Better 2020 For Red Cat Holdings Inc (RCAT)?

Red Cat Holdings Inc (RCAT) concluded trading on Wednesday at a closing price of $7.42, with 7.42 million shares of worth about $55.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 192.13% during that period and on April 03, 2025 the price saw a gain of about 16.12%. Currently the company’s common shares owned by public are about 78.03M shares, out of which, 67.47M shares are available for trading.

Stock saw a price change of 27.60% in past 5 days and over the past one month there was a price change of 36.90%. Year-to-date (YTD), RCAT shares are showing a performance of -42.26% which increased to 851.28% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.77 but also hit the highest price of $15.27 during that period. The average intraday trading volume for Red Cat Holdings Inc shares is 7.01 million. The stock is currently trading 31.93% above its 20-day simple moving average (SMA20), while that difference is up 2.05% for SMA50 and it goes to 41.53% higher than SMA200.

Red Cat Holdings Inc (NASDAQ: RCAT) currently have 78.03M outstanding shares and institutions hold larger chunk of about 35.27% of that.

The stock has a current market capitalization of $635.51M and its 3Y-monthly beta is at 0.61. 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 13.63% while standing at 10.03% over the month.

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 Northland Capital on March 11, 2025 offering an Outperform rating for the stock and assigned a target price of $13 to it. Coverage by Ladenburg Thalmann stated Red Cat Holdings Inc (RCAT) stock as a Buy in their note to investors on June 14, 2024, suggesting a price target of $4 for the stock.

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