The stock price for Redwire Corporation (RDW) currently stands at $14.56. The stock experienced a substantial increase in the last session, hitting $28.0 after starting at $14.36. The stock’s lowest price was $16.0 before closing at $14.77.
The market performance of Redwire Corporation’s stock has been turbulent in recent times.
52-week price history of RDW 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. Redwire Corporation’s current trading price is -45.39% away from its 52-week high, while its distance from the 52-week low is 198.97%. The stock’s price range during the 52-week period has remained between $4.87 and $26.66. In the Industrials sector, the company’s shares saw a trading volume of around 2.54 million for the day, which was evidently lower than the average daily volume of 3.44 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Redwire Corporation (RDW) has experienced a quarterly rise of 27.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.08B and boasts a workforce of 750 employees.
A Closer Look at Analysts’ Ratings for Redwire Corporation
As of right now, 6 analysts are rating Redwire Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 13.46, with a change in price of +4.47. Similarly, Redwire Corporation recorded 2,733,938 in trading volume during the last 100 days, posting a change of +44.97%.
RDW Stock Stochastic Average
Redwire Corporation’s raw stochastic average for the past 50 days is presently 21.13%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 18.12%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.29% and 13.23%, respectively.
RDW Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 121.28%. However, over the past six months, we’ve seen a stronger performance of -34.38%. The price of RDW leaped by -5.94% over the last 30 days. And in the last five days, it has surged by 0.69%.
