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Red Cat Holdings Inc Inc. (RCAT) Price Performance: The Role of Supply and Demand

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 217.05% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 229.83%. Over the past 30 days, the price of RCAT has fallen by 12.50%. And in the last five days, it has fallen by -5.42%.

Red Cat Holdings Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $3.27 on 08/23/24 and the lowest value was $0.52 on 12/07/23.

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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 -14.68% away from its 52-week high, while its distance from the 52-week low is 431.43%. The stock’s price range during this period has varied between$0.52 and $3.27. The Red Cat Holdings Inc’s shares, which operate in the Technology, saw a trading volume of around 0.81 million for the day, a figure considerably lower than their average daily volume of 1.12 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 215.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 209.75M and boasts a workforce of 89 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 1.69, with a change in price of +1.37. Similarly, Red Cat Holdings Inc recorded 1,036,011 in trading volume during the last 100 days, posting a change of +96.48%.

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 0.05. Similarly, the long-term debt-to-equity ratio is also 0.03.

RCAT Stock Stochastic Average

As of today, Red Cat Holdings Inc’s raw stochastic average for the last 50 days stands at 77.88%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.83%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 36.71% and 46.21%, respectively.

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