Red Cat Holdings Inc (NASDAQ:RCAT) concluded the trading at $6.49 on current market day with a fall of -2.41% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $6.65 and 5Y monthly beta was reading 0.649 with its price kept floating in the range of $5.97 and $7.15 on the day. Considering stock’s 52-week price range provides that RCAT hit a high price of $15.27 and saw its price falling to a low level of $0.80 during that period. Over a period of past 1-month, stock came adding 13.26% in its value.
With its current market valuation of $587.44 million, Red Cat Holdings Inc is set to declare its quarterly results on 2024-Dec-15. Analysts are in estimates of -0.12 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to -0.4 for current year with estimates of that growing to 0.11 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 7.72M. They suggested that in the process company could generate revenue of as low as 7M which could climb up to 8.45M to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 80.2M in current fiscal year, which will be 349.67% more from revenue generated by the company last year.
In contrast, when we review RCAT stock’s current outlook then short term indicators are assigning it an average of 50% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of Hold for it.
Digging deeper we become aware of the PEG ratio of the RCAT stock which is currently positioned at 0. It further provides that stock’s current price level is 18.09% away from its 20-day simple moving average and is 13.96% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 59.06 while volatility remained at 9.05% over the past week which changes to 7.61% when measuring it over the past month. Beta is valued at 0.81, while measure of average true range or ATR is currently at 0.58.
Having a second look at Red Cat Holdings Inc (NASDAQ:RCAT) provides that stock’s average daily trading volume for 3 months was 4.71 million, while it jumped to 5656220 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 85.65 million.
The percentage of outstanding shares held by the insiders is 20.31% while it is 20.03% for the institutional holders. The figures also indicate that as of 2025-04-30, number of stock’s short shares was 13.68 million which implies a short ratio of 2.94. This shows up a 1774.00 of Short Interest in company’s outstanding shares on the day. In April the standing of shares short improved as it was 9.83 million in the previous month. Subtraction of -49.49% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
