Redwire Corporation (NYSE:RDW) At $6.91: What To Do?

In last trading session, Redwire Corporation (NYSE:RDW) saw 0.22 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $6.91 trading at $0.0 or 0.07% at ring of the bell on the day assigns it a market valuation of $453.49M. That closing price of RDW’s stock is at a discount of -6.8% from its 52-week high price of $7.38 and is indicating a premium of 65.99% from its 52-week low price of $2.35. Taking a look at company’s average trading volume volume of 365.51K if we extend that period to 3-months.

For Redwire Corporation (RDW), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Redwire Corporation (NYSE:RDW) trade information

Upright in the green during last session for gaining 0.07%, in the last five days RDW remained trading in the green while hitting it’s week-highest on Monday, 07/01/24 when the stock touched $6.91 price level, adding 6.37% to its value on the day. Redwire Corporation’s shares saw a change of 142.63% in year-to-date performance and have moved 5.57% in past 5-day. Redwire Corporation (NYSE:RDW) showed a performance of 37.20% in past 30-days.

Redwire Corporation (RDW) estimates and forecasts

Statistics highlight that Redwire Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 133.61% of value to its shares in past 6 months, showing an annual growth rate of 34.25% while that of industry is 15.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

RDW Dividends

Redwire Corporation is more likely to be releasing its next quarterly report in August 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.