A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 27.27% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 16.68%. Over the past 30 days, the price of RCAT has fallen by 53.42%. And in the last five days, it has surged by 27.29%.
Red Cat Holdings Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $1.50 on 04/17/24, while the lowest value for the same period was recorded at $0.52 on 12/07/23.
52-week price history of RCAT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Red Cat Holdings Inc’s current trading price is -25.33% away from its 52-week high, while its distance from the 52-week low is 113.33%. The stock’s price range during this period has varied between$0.52 and $1.50. The Red Cat Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 0.94 million for the day, a figure considerably higher than their average daily volume of 0.37 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 48.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 83.19M and boasts a workforce of 76 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7699, with a change in price of +0.2390. Similarly, Red Cat Holdings Inc recorded 402,427 in trading volume during the last 100 days, posting a change of +27.13%.
RCAT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RCAT stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
RCAT Stock Stochastic Average
Red Cat Holdings Inc’s raw stochastic average for the past 50 days is presently 59.27%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 52.05%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 62.15% and 72.62%, respectively.
