A share price of Red Cat Holdings Inc [RCAT] is currently trading at $0.95, up 7.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RCAT shares have gain 15.84% over the last week, with a monthly amount glided 20.25%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Red Cat Holdings Inc experienced fluctuations in its stock price throughout the past year between $0.52 and $1.47. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $0.95 at the most recent close of the market.
Analyzing the RCAT fundamentals
Trailing Twelve Months sales for Red Cat Holdings Inc [NASDAQ:RCAT] were 13.73M which represents 88.24% growth. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -1.83%, Pretax Profit Margin comes in at -1.91%, and Net Profit Margin reading is -2.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is -0.57 and Total Capital is -0.5. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.8700 points at the first support level, and at 0.7900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0400, and for the 2nd resistance point, it is at 1.1300.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Red Cat Holdings Inc [NASDAQ:RCAT] is 5.34. As well, the Quick Ratio is 3.61, while the Cash Ratio is 1.47. Considering the valuation of this stock, the price to sales ratio is 5.14, the price to book ratio is 1.42.
Transactions by insiders
Recent insider trading involved Evans Allan Thomas, COO, Red Cat Holdings, Inc., that happened on Sep 27 ’23 when 10000.0 shares were purchased.
