Currently, there are 76.35M common shares owned by the public and among those 25.92M shares have been available to trade.
The company’s stock has a 5-day price change of -8.14% and 52.51% over the past three months. RDW shares are trading 1.46% year to date (YTD), with the 12-month market performance up to 153.80% higher. It has a 12-month low price of $4.87 and touched a high of $26.66 over the same period. RDW has an average intraday trading volume of 1.90 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 2.62%, 29.65%, and 33.56% respectively.
Institutional ownership of Redwire Corporation (NYSE: RDW) shares accounts for 16.70% of the company’s 76.35M shares outstanding.
It has a market capitalization of $1.29B and a beta (3y monthly) value of 2.58. The earnings-per-share (ttm) stands at -$2.26. Price movements for the stock have been influenced by the stock’s volatility, which stands at 11.87% over the week and 9.14% over the month.
Earnings per share for the fiscal year are expected to increase by 90.21%, and 131.88% over the next financial year.
Looking at the support for the RDW, a number of firms have released research notes about the stock. B. Riley Securities stated their Buy rating for the stock in a research note on January 27, 2025, with the firm’s price target at $9.50-$27. Cantor Fitzgerald coverage for the Redwire Corporation (RDW) stock in a research note released on January 24, 2025 offered a Overweight rating with a price target of $28. H.C. Wainwright was of a view on November 26, 2024 that the stock is Buy, while B. Riley Securities gave the stock Neutral rating on October 29, 2024, issuing a price target of $8- $9.50. B. Riley Securities on their part issued Buy rating on August 09, 2024.
