Red Cat Holdings Inc (NASDAQ:RCAT) Has Risen By -48.83 Percent Over The Past 30 Days: Will It Continue?

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In last trading session, Red Cat Holdings Inc (NASDAQ:RCAT) saw 2.58 million shares changing hands with its beta currently measuring 0.50. Company’s recent per share price level of $4.92 trading at -$0.03 or -0.61% at ring of the bell on the day assigns it a market valuation of $421.23M. That closing price of RCAT’s stock is at a discount of -210.37% from its 52-week high price of $15.27 and is indicating a premium of 85.77% from its 52-week low price of $0.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.69 million shares which gives us an average trading volume of 10.01 million 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 -0.61%, in the last five days RCAT remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $4.92 price level, adding 11.51% to its value on the day. Red Cat Holdings Inc’s shares saw a change of -61.71% in year-to-date performance and have moved -6.82% in past 5-day. Red Cat Holdings Inc (NASDAQ:RCAT) showed a performance of -48.83% in past 30-days. Number of shares sold short was 14.52 million shares which calculate 2.06 days to cover the short interests.

Red Cat Holdings Inc (RCAT) estimates and forecasts

This year revenue growth is estimated to rise 38.65% 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 7.49M for the same. And 1 analysts are in estimates of company making revenue of 12.93M in the next quarter. Company posted 5.85M and 6.31M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 54.36% during past 5 years.

Red Cat Holdings Inc (NASDAQ:RCAT)’s Major holders

Insiders are in possession of 18.15% of company’s total shares while institution are holding 33.66 percent of that, with stock having share float percentage of 41.12%. Investors also watch the number of corporate investors in a company very closely, which is 33.66% institutions for Red Cat Holdings Inc that are currently holding shares of the company. AIGH CAPITAL MANAGEMENT LLC is the top institutional holder at RCAT for having 4.92 million shares of worth $5.66 million. And as of 2024-06-30, it was holding 6.6048 of the company’s outstanding shares.

The second largest institutional holder is AWM INVESTMENT COMPANY, INC., which was holding about 4.47 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.0033 of outstanding shares, having a total worth of $5.14 million.

On the other hand, Vanguard Total Stock Market Index Fund and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.64 shares of worth $8.06 million or 5.74% of the total outstanding shares. The later fund manager was in possession of 1.55 shares on Dec 31, 2024 , making its stake of worth around $7.61 million in the company or a holder of 5.41% of company’s stock.