Redwire Corporation (RDW) Stock: A Closer Look

A share price of Redwire Corporation [RDW] is currently trading at $6.46, up 10.81%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RDW shares have gain 7.31% over the last week, with a monthly amount glided 34.58%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Redwire Corporation [NYSE: RDW] stock has seen the most recent analyst activity on February 02, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $5. Previously, Alliance Global Partners started tracking the stock with Buy rating on December 20, 2023, and set its price target to $5. On September 13, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $10 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $5 on April 21, 2023. Jefferies initiated its recommendation with a Buy and recommended $15 as its price target on September 28, 2021.

Redwire Corporation experienced fluctuations in its stock price throughout the past year between $2.35 and $7.04. Redwire Corporation [NYSE: RDW] shares were valued at $6.46 at the most recent close of the market.

Analyzing the RDW fundamentals

Trailing Twelve Months sales for Redwire Corporation [NYSE:RDW] were 273.99M which represents 52.40% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is 0.77 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.83.

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 5.92 points at the first support level, and at 5.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.99, and for the 2nd resistance point, it is at 7.52.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Redwire Corporation [NYSE:RDW] is 0.97. In addition, the Quick Ratio stands at 0.95 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 1.55.

Transactions by insiders

Recent insider trading involved Edmunds Chris, Chief Accounting Officer, that happened on Nov 30 ’23 when 2000.0 shares were purchased. Chief Accounting Officer, Edmunds Chris completed a deal on Nov 29 ’23 to buy 3000.0 shares. Meanwhile, Chief Financial Officer Baliff Jonathan bought 2500.0 shares on Nov 17 ’23.

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