Red Cat Holdings Inc (NASDAQ:RCAT) has a beta value of 0.43 and has seen 1.22 million shares traded in the recent trading session. The company, currently valued at $417.39M, closed the recent trade at $4.88 per share which meant it lost -$0.51 on the day or -9.55% during that session. The RCAT stock price is -212.91% off its 52-week high price of $15.27 and 85.66% above the 52-week low of $0.70.
Red Cat Holdings Inc (NASDAQ:RCAT) trade information
Sporting -9.55% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RCAT stock price touched $4.88 or saw a rise of 12.39%. Year-to-date, Red Cat Holdings Inc shares have moved -62.06%, while the 5-day performance has seen it change -12.48%. Over the past 30 days, the shares of Red Cat Holdings Inc (NASDAQ:RCAT) have changed -54.05%.
Red Cat Holdings Inc (RCAT) estimates and forecasts
The company’s shares have gained 75.99% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 38.65%.
1 analysts offering their estimates for the company have set an average revenue estimate of 7.49M for the current quarter. 1 have an estimated revenue figure of 12.93M for the next ending quarter. Year-ago sales stood 5.85M and 6.31M respectively for this quarter and the next, and analysts expect sales will grow by 27.99% for the current quarter and 38.65% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 54.36% over the past 5 years.
RCAT Dividends
Red Cat Holdings Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Red Cat Holdings Inc (NASDAQ:RCAT)’s Major holders
The top two institutional holders are AIGH CAPITAL MANAGEMENT LLC with over 4.92 million shares worth more than $5.66 million. As of 2024-06-30, AIGH CAPITAL MANAGEMENT LLC held 6.6048% of shares outstanding.
The other major institutional holder is AWM INVESTMENT COMPANY, INC., with the holding of over 4.47 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.14 million and represent 6.0033% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF. As of Dec 31, 2024, the former fund manager holds about 5.74% shares in the company for having 1.64 shares of worth $8.03 million while later fund manager owns 1.55 shares of worth $7.58 million as of Dec 31, 2024, which makes it owner of about 5.41% of company’s outstanding stock.
