In recent trading session, Red Cat Holdings Inc (NASDAQ:RCAT) saw 0.55 million shares changing hands at last check today with its beta currently measuring -0.49. Company’s recent per share price level of $2.28 trading at -$0.08 or -3.59% at last check today assigns it a market valuation of $169.00M. That most recent trading price of RCAT’s stock is at a discount of -7.46% from its 52-week high price of $2.45 and is indicating a premium of 77.19% from its 52-week low price of $0.52. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.84 million shares which gives us an average trading volume of 862.73K if we extend that period to 3-months.
Red Cat Holdings Inc (NASDAQ:RCAT) trade information
Upright in the red during last session for losing -3.59%, in the last five days RCAT remained trading in the green while hitting it’s week-highest on Friday, 07/26/24 when the stock touched $2.28 price level, adding 7.69% to its value on the day. Red Cat Holdings Inc’s shares saw a change of 158.55% in year-to-date performance and have moved 23.65% in past 5-day. Red Cat Holdings Inc (NASDAQ:RCAT) showed a performance of 112.64% in past 30-days. Number of shares sold short was 2.96 million shares which calculate 2.86 days to cover the short interests.
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Red Cat Holdings Inc (RCAT) estimates and forecasts
Statistics highlight that Red Cat Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 246.20% of value to its shares in past 6 months, showing an annual growth rate of 26.00% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Red Cat Holdings Inc (NASDAQ:RCAT)’s Major holders
Insiders are in possession of 27.68% of company’s total shares while institution are holding 19.29 percent of that, with stock having share float percentage of 26.67%. Investors also watch the number of corporate investors in a company very closely, which is 19.29% institutions for Red Cat Holdings Inc that are currently holding shares of the company. AWM INVESTMENT COMPANY, INC. is the top institutional holder at RCAT for having 5.0 million shares of worth $3.83 million. And as of 2024-03-31, it was holding 8.9786 of the company’s outstanding shares.
The second largest institutional holder is AIGH CAPITAL MANAGEMENT LLC, which was holding about 4.96 million shares on 2024-03-31. The number of shares represents firm’s hold over 8.9155 of outstanding shares, having a total worth of $3.8 million.
