Does Red Cat Holdings Inc (NASDAQ:RCAT) Look Expensive At $1.06? Here’s How To Know.

In recent trading session, Red Cat Holdings Inc (NASDAQ:RCAT) saw 0.53 million shares changing hands at last check today with its beta currently measuring -0.37. Company’s recent per share price level of $1.06 trading at $0.09 or 9.28% at last check today assigns it a market valuation of $78.74M. That most recent trading price of RCAT’s stock is at a discount of -55.66% from its 52-week high price of $1.65 and is indicating a premium of 50.94% from its 52-week low price of $0.52. Taking a look at company’s average trading volume volume of 735.95K if we extend that period to 3-months.

Red Cat Holdings Inc (NASDAQ:RCAT) trade information

Upright in the green today for gaining 9.28%, in the last five days RCAT remained trading in the green while hitting it’s week-highest on Friday, 06/14/24 when the stock touched $1.06 price level, adding 5.36% to its value on the day. Red Cat Holdings Inc’s shares saw a change of 20.45% in year-to-date performance and have moved 30.74% in past 5-day. Red Cat Holdings Inc (NASDAQ:RCAT) showed a performance of -4.50% in past 30-days.

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Red Cat Holdings Inc (RCAT) estimates and forecasts

This year revenue growth is estimated to rise 86.40% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 7M for the same.

RCAT Dividends

Red Cat Holdings Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.