Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Red Cat Holdings Inc’s current trading price is -59.11% away from its 52-week high, while its distance from the 52-week low is 680.33%. The stock’s price range over this period has fluctuated between $0.80 and $15.27. The company, operating within the financial sector, had a trading volume of approximately 9.27 million for the day, which was noticeably higher than the average daily share volume of 4.68 million over the last 3 months.
Red Cat Holdings Inc experienced a rather steady stock market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Red Cat Holdings Inc (RCAT) has experienced a quarterly rise of 12.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 567.77M and boasts a workforce of 115 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ 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 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. The metric has seen a significant loss of -51.40% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -25.30%. Over the past 30 days, the price of RCAT has fallen by 23.18%. And in the last five days, it has fallen by -8.43%.
