Red Cat Holdings Inc [RCAT] stock prices are up 26.97% to $10.45 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The RCAT shares have gain 36.07% over the last week, with a monthly amount glided 159.95%, 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 [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.
The stock price of Red Cat Holdings Inc [RCAT] has been fluctuating between $0.55 and $12.57 over the past year. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $10.45 at the most recent close of the market.
Analyzing the RCAT fundamentals
The Red Cat Holdings Inc [NASDAQ:RCAT] reported sales of 18.86M for trailing twelve months, representing a surge of 58.83%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -1.16%, Pretax Profit Margin comes in at -1.56%, and Net Profit Margin reading is -1.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.83, Equity is -0.65 and Total Capital is -1.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
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 9.12 points at the first support level, and at 7.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.55, and for the 2nd resistance point, it is at 12.66.
Ratios To Look Out For
It’s worth pointing out that Red Cat Holdings Inc [NASDAQ:RCAT]’s Current Ratio is 5.08. On the other hand, the Quick Ratio is 2.60, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 47.86, the price to book ratio is 24.11.
