Red Cat Holdings Inc [RCAT] stock prices are up 18.33% to $10.75 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RCAT shares have gain 30.62% over the last week, with a monthly amount glided 68.76%, and seem to be holding up well over a long-time horizon.
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 $0.56 and $12.57 over the past year. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $10.75 at the most recent close of the market.
Analyzing the RCAT fundamentals
The Red Cat Holdings Inc [NASDAQ:RCAT] reported sales of 16.47M for trailing twelve months, representing a drop of -60.96%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -1.6%, Pretax Profit Margin comes in at -2.22%, and Net Profit Margin reading is -2.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.75, Equity is -1.0 and Total Capital is -0.73. 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 9.24 points at the first support level, and at 7.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.79, and for the 2nd resistance point, it is at 12.83.
Ratios To Look Out For
It’s worth pointing out that Red Cat Holdings Inc [NASDAQ:RCAT]’s Current Ratio is 1.43. Further, the Quick Ratio stands at 0.60, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 61.91, the price to book ratio is 31.03.
Transactions by insiders
Recent insider trading involved Lunger Leah, Chief Financial Officer, that happened on Dec 18 ’24 when 0.47 million shares were sold. Chief Financial Officer, Lunger Leah completed a deal on Dec 18 ’24 to sell 56159.0 shares. Meanwhile, Director Liuzza Nicholas Reyland JR sold 0.33 million shares on Dec 18 ’24.
