A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 345.97%.However, over the last six months, we can see a weaker performance of 6.69%. Over the last 30 days, the price of RCAT has fallen by 38.59%. And in the last five days, it has surged by 14.20%.
Red Cat Holdings Inc (RCAT) currently has a stock price of $9.41. The stock saw a sharp increase in the last trading session, hitting a high of $15.0 after opening at $9.45. The lowest recorded price for the day was $12.0 before it closed at $8.83.
Red Cat Holdings Inc’s stock has had a tumultuous market performance.
52-week price history of RCAT Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Red Cat Holdings Inc’s current trading price is -38.39% away from its 52-week high, while its distance from the 52-week low is 466.87%. The stock’s price range over this timeframe has been between $1.66 and $15.27. The shares of the Industrials sector company recorded a trading volume of approximately 10.52 million for the day, which was comparatively higher than the average daily volume of 9.08 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 69.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 926.18M and boasts a workforce of 115 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.99, with a change in price of +4.80. Similarly, Red Cat Holdings Inc recorded 7,386,164 in trading volume during the last 100 days, posting a change of +96.87%.
RCAT’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for RCAT stands at 0.96. Similarly, the long-term debt-to-equity ratio is also 0.06.
RCAT Stock Stochastic Average
Red Cat Holdings Inc’s raw stochastic average for the past 50 days is currently at 57.15%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 50.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 37.16% and 30.68%, respectively.
