For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Red Cat Holdings Inc (NASDAQ: RCAT) closed at $1.42 in the last session, up 26.79% from day before closing price of $1.12. In other words, the price has increased by $26.79 from its previous closing price. On the day, 3.74 million shares were traded. RCAT stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.1254.
Ratios:
We take a closer look at RCAT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 5.34. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 Sep 27 ’23 when Evans Allan Thomas bought 10,000 shares for $0.96 per share. The transaction valued at 9,650 led to the insider holds 1,443,945 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RCAT now has a Market Capitalization of 105479736 and an Enterprise Value of 76890112. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.68 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 4.296 whereas that against EBITDA is -3.505.
Stock Price History:
The Beta on a monthly basis for RCAT is -0.03, which has changed by 0.54347825 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, RCAT has reached a high of $1.47, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 85.88%, while the 200-Day Moving Average is calculated to be 61.99%.
Shares Statistics:
According to the various share statistics, RCAT traded on average about 253.56K shares per day over the past 3-months and 921890 shares per day over the past 10 days. A total of 54.57M shares are outstanding, with a floating share count of 51.91M. Insiders hold about 30.12% of the company’s shares, while institutions hold 20.53% stake in the company. Shares short for RCAT as of 1711584000 were 417088 with a Short Ratio of 1.64, compared to 1709164800 on 644160. Therefore, it implies a Short% of Shares Outstanding of 417088 and a Short% of Float of 0.70999996.
Earnings Estimates
The current rating of Red Cat Holdings Inc (RCAT) is the result of assessments by 1 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.03, while EPS last year was -$0.21. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.28 and -$0.28 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.12, with 1 analysts recommending between -$0.12 and -$0.12.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $7M. It ranges from a high estimate of $7M to a low estimate of $7M. As of the current estimate, Red Cat Holdings Inc’s year-ago sales were $2.21M, an estimated increase of 217.50% from the year-ago figure.
A total of 1 analysts have provided revenue estimates for RCAT’s current fiscal year. The highest revenue estimate was $18.48M, while the lowest revenue estimate was $18.48M, resulting in an average revenue estimate of $18.48M. In the same quarter a year ago, actual revenue was $9.91M, up 86.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $35M in the next fiscal year. The high estimate is $35M and the low estimate is $35M. The average revenue growth estimate for next year is up 89.40% from the average revenue estimate for this year.
