Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Redwire Corporation (NYSE: RDW) closed at $14.75 in the last session, up 1.24% from day before closing price of $14.57. In other words, the price has increased by $1.24 from its previous closing price. On the day, 0.82 million shares were traded. RDW stock price reached its highest trading level at $15.33 during the session, while it also had its lowest trading level at $14.47.
Ratios:
We take a closer look at RDW’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on November 26, 2024, initiated with a Buy rating and assigned the stock a target price of $18.
On October 29, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $8 to $9.50.
B. Riley Securities Upgraded its Neutral to Buy on August 09, 2024, while the target price for the stock was maintained at $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 07 ’25 when Genesis Park II LP sold 15,364 shares for $17.67 per share. The transaction valued at 271,525 led to the insider holds 4,307,489 shares of the business.
Genesis Park II LP sold 100,000 shares of RDW for $1,801,840 on Jan 06 ’25. The 10% Owner now owns 4,322,853 shares after completing the transaction at $18.02 per share. On Jan 03 ’25, another insider, Genesis Park II LP, who serves as the 10% Owner of the company, sold 72,415 shares for $17.90 each. As a result, the insider received 1,295,982 and left with 4,422,853 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RDW now has a Market Capitalization of 981478272 and an Enterprise Value of 1185292800. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29. Its current Enterprise Value per Revenue stands at 3.977 whereas that against EBITDA is -89.214.
Stock Price History:
The Beta on a monthly basis for RDW is 2.18, which has changed by 4.0341296 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, RDW has reached a high of $18.54, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is 11.50%, while the 200-Day Moving Average is calculated to be 87.01%.
Shares Statistics:
According to the various share statistics, RDW traded on average about 870.65K shares per day over the past 3-months and 1171920 shares per day over the past 10 days. A total of 65.93M shares are outstanding, with a floating share count of 23.92M. Insiders hold about 64.06% of the company’s shares, while institutions hold 14.62% stake in the company. Shares short for RDW as of 1735603200 were 5333130 with a Short Ratio of 6.13, compared to 1732838400 on 3940840. Therefore, it implies a Short% of Shares Outstanding of 5333130 and a Short% of Float of 18.43.
