Red Cat Holdings Inc [RCAT] stock is trading at $10.76, up 1.41%. 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 22.41% over the last week, with a monthly amount drifted -17.61%, and not 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.
Red Cat Holdings Inc [RCAT] stock has fluctuated between $0.56 and $15.27 over the past year. Red Cat Holdings Inc [NASDAQ: RCAT] shares were valued at $10.76 at the most recent close of the market.
Analyzing the RCAT fundamentals
Red Cat Holdings Inc [NASDAQ:RCAT] reported sales of 16.47M for the trailing twelve months, which represents 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. 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 10.23 points at the first support level, and at 9.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.25, and for the 2nd resistance point, it is at 11.75.
Ratios To Look Out For
For context, Red Cat Holdings Inc’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 52.37, the price to book ratio is 31.06.
Transactions by insiders
Recent insider trading involved Freedman Joseph David, Director, that happened on Dec 26 ’24 when 25000.0 shares were sold. Director, Freedman Joseph David completed a deal on Dec 30 ’24 to sell 15000.0 shares. Meanwhile, Director Freedman Joseph David sold 10000.0 shares on Dec 27 ’24.
