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 -22.34% away from its 52-week high, while its distance from the 52-week low is 482.86%. The stock’s price range during this period has varied between $0.52 and $3.94. The company, active in the Technology sector, saw a trading volume of around 1.62 million for the day, considerably higher average daily volume of 1.46 million observed over the last three months.
Red Cat Holdings Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $3.94 on 10/14/24, while the lowest price during the same period was $0.52 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 50.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 230.75M and boasts a workforce of 89 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 2.31, with a change in price of +2.13. Similarly, Red Cat Holdings Inc recorded 1,309,763 in trading volume during the last 100 days, posting a change of +227.27%.
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 0.06. Similarly, the long-term debt-to-equity ratio is also 0.04.
RCAT Stock Stochastic Average
As of today, the raw stochastic average of Red Cat Holdings Inc over the last 50 days is at 46.01%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 42.48%. Further, the company’s Stochastic %K and %D values for the last 20 days were 28.18% and 25.80%, respectively.
RCAT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 247.73%. However, over the past six months, we’ve seen a weaker performance of 104.00%. The price of RCAT fallen by 19.53% over the last 30 days. And in the last five days, it has surged by 3.03%.
