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 $23.89 in the last session, up 7.66% from day before closing price of $22.19. In other words, the price has increased by $7.66 from its previous closing price. On the day, 1.78 million shares were traded.
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 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:
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 27 ’25 when Genesis Park II LP sold 100,000 shares for $22.73 per share. The transaction valued at 2,272,890 led to the insider holds 3,854,041 shares of the business.
Genesis Park II LP sold 50,000 shares of RDW for $1,118,130 on Jan 28 ’25. The 10% Owner now owns 3,804,041 shares after completing the transaction at $22.36 per share. On Jan 23 ’25, another insider, Genesis Park II LP, who serves as the 10% Owner of the company, sold 100,000 shares for $21.92 each. As a result, the insider received 2,191,720 and left with 4,007,489 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.37.
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 $2.87. The 50-Day Moving Average of the stock is 49.39%, while the 200-Day Moving Average is calculated to be 168.42%.
Shares Statistics:
A total of 65.93M shares are outstanding, with a floating share count of 24.59M. Insiders hold about 63.30% of the company’s shares, while institutions hold 14.54% stake in the company.
