Red Cat Holdings Inc [RCAT] stock is trading at $11.77, up 26.97%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RCAT shares have gain 61.23% over the last week, with a monthly amount glided 271.29%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Red Cat Holdings Inc [NASDAQ: RCAT] stock has seen the most recent analyst activity on June 14, 2024, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $4.
Red Cat Holdings Inc [RCAT] stock has fluctuated between $0.52 and $10.25 over the past year. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $11.77 at the most recent close of the market.
Analyzing the RCAT fundamentals
Red Cat Holdings Inc [NASDAQ:RCAT] reported sales of 18.86M for the trailing twelve months, which represents a growth of 58.83%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -1.16%, Pretax Profit Margin comes in at -1.5%, and Net Profit Margin reading is -1.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.81, Equity is -0.72 and Total Capital is -0.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 10.41 points at the first support level, and at 9.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.51, and for the 2nd resistance point, it is at 13.24.
Ratios To Look Out For
For context, Red Cat Holdings Inc’s Current Ratio is 5.08. In addition, the Quick Ratio stands at 2.60 and the Cash Ratio stands at 1.83. Considering the valuation of this stock, the price to sales ratio is 59.80, the price to book ratio is 27.16.
