A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Red Cat Holdings Inc’s current trading price is -29.62% away from its 52-week high, while its distance from the 52-week low is 1795.91%. The stock’s price range for this time frame has been between $0.57 and $15.27. The trading volume of the company’s shares in the Technology reached around 6.85 million for the day, which was evidently lower than the average daily volume of 10.66 million over the last three months.
Red Cat Holdings Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $15.27 on 01/06/25, and the lowest price during the same period was recorded at $0.57 on 02/13/24.
How Financial Performance Impacts Market Capitalization
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 222.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 861.73M 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 6.80, with a change in price of +7.81. Similarly, Red Cat Holdings Inc recorded 7,217,797 in trading volume during the last 100 days, posting a change of +265.65%.
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 0.51. Similarly, the long-term debt-to-equity ratio is also 0.35.
RCAT Stock Stochastic Average
Red Cat Holdings Inc’s raw stochastic average for the past 50 days is currently at 47.18%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 85.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 72.54% and 54.58%, respectively.
RCAT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -16.34%. However, over the last six months, the performance has been weaker by 432.18%. The price of RCAT decreased -9.13% over the last 30 days. And in the last five days, it has surged by 21.88%.
