Daily Market Movement: Redwire Corporation (RDW) Sees a -10.45 Decrease, Closing at 17.91

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The closing price of Redwire Corporation (NYSE: RDW) was $17.91 for the day, down -10.45% from the previous closing price of $20.00. In other words, the price has decreased by -$10.45 from its previous closing price. On the day, 2.12 million shares were traded.

Ratios:

Our analysis of RDW’s different ratios will help us gain a deeper understanding of the company. 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 the company, B. Riley Securities on January 27, 2025, Upgraded its rating to Buy and sets its target price to $27 from $9.50 previously.

On November 26, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $18.H.C. Wainwright initiated its Buy rating on November 26, 2024, with a $18 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 19 ’25 when Genesis Park II LP sold 10,115 shares for $24.11 per share. The transaction valued at 243,823 led to the insider holds 3,644,566 shares of the business.

Genesis Park II LP sold 42,449 shares of RDW for $1,028,017 on Feb 14 ’25. The 10% Owner now owns 3,662,215 shares after completing the transaction at $24.22 per share. On Feb 18 ’25, another insider, Genesis Park II LP, who serves as the 10% Owner of the company, sold 7,534 shares for $25.21 each. As a result, the insider received 189,908 and left with 3,654,681 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03.

Stock Price History:

Over the past 52 weeks, RDW has reached a high of $26.66, while it has fallen to a 52-week low of $2.89. The 50-Day Moving Average of the stock is -1.71%, while the 200-Day Moving Average is calculated to be 78.81%.

Shares Statistics:

A total of 65.93M shares are outstanding, with a floating share count of 24.99M. Insiders hold about 62.71% of the company’s shares, while institutions hold 20.03% stake in the company.

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