Red Cat Holdings Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $3.27 on 08/23/24 and a low of $0.52 for the same time frame on 12/07/23.
52-week price history of RCAT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Red Cat Holdings Inc’s current trading price is -13.76% away from its 52-week high, while its distance from the 52-week low is 437.14%. The stock’s price range during the 52-week period has remained between $0.52 and $3.27. In the Technology sector, the company’s shares saw a trading volume of around 0.74 million for the day, which was evidently lower than the average daily volume of 1.12 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 179.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 212.01M and boasts a workforce of 89 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.81, with a change in price of +1.43. Similarly, Red Cat Holdings Inc recorded 950,442 in trading volume during the last 100 days, posting a change of +102.88%.
Examining RCAT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Red Cat Holdings Inc’s raw stochastic average for the past 50 days is presently 75.54%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 48.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.32% and 62.07%, respectively.
RCAT Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 220.45% this year. Over the last six months, there has been a weaker performance of 286.30%. The price of RCAT leaped by -6.00% during the last 30 days period. For the last 5-days stocks have slided -1.40%.
