Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Red Cat Holdings Inc’s current trading price is 6.06% away from its 52-week high, while its distance from the 52-week low is 233.33%. The stock’s price range during this period has varied between $0.52 and $1.65. The company, active in the Technology sector, saw a trading volume of around 2.51 million for the day, considerably higher average daily volume of 0.88 million observed over the last three months.
Red Cat Holdings Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $1.65 on 07/12/24, and the lowest price during that time was $0.52, recorded on 12/07/23.
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How Financial Performance Impacts Market Capitalization
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 96.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 129.99M and boasts a workforce of 76 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0106, with a change in price of +1.0549. Similarly, Red Cat Holdings Inc recorded 656,911 in trading volume during the last 100 days, posting a change of +151.76%.
How RCAT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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
As of today, the raw stochastic average of Red Cat Holdings Inc over the last 50 days is at 92.23%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 91.01%. Further, the company’s Stochastic %K and %D values for the last 20 days were 92.10% and 90.60%, respectively.
RCAT Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 98.86% this year. Over the last six months, there has been a weaker performance of 127.15%. The price of RCAT fallen by 92.31% during the last 30 days period. For the last 5-days stocks have improved 52.17%.
