Currently, Red Cat Holdings Inc [RCAT] is trading at $12.26, down -8.58%. 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 34.95% over the last week, with a monthly amount glided 46.65%, 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.
This stock has fluctuated between a low of $0.56 and a high of $14.91 over the last 52 weeks. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $12.26 at the most recent close of the market.
Analyzing the RCAT fundamentals
Trailing Twelve Months sales for Red Cat Holdings Inc [NASDAQ:RCAT] were 16.47M which represents -60.96% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.51.
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 11.35 points at the first support level, and at 10.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.69, and for the 2nd resistance point, it is at 15.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Red Cat Holdings Inc [NASDAQ:RCAT] 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 54.55, the price to book ratio is 35.39.
Transactions by insiders
Recent insider trading involved Matus George Michael, CTO, Red Cat Holdings, that happened on Dec 26 ’24 when 0.31 million shares were sold. CTO, Red Cat Holdings, Matus George Michael completed a deal on Dec 24 ’24 to sell 72093.0 shares. Meanwhile, Director Liuzza Nicholas Reyland JR sold 0.2 million shares on Dec 23 ’24.
