The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Redwire Corporation’s stock clocked out at $13.78, up 0.07% from its previous closing price of $13.77. In other words, the price has increased by $0.07 from its previous closing price. On the day, 1.21 million shares were traded. RDW stock price reached its highest trading level at $14.4 during the session, while it also had its lowest trading level at $13.5.
Ratios:
To gain a deeper understanding of RDW’s stock, we examine its different ratios. 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 Nov-27-24, 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 18 ’24 when AE RED HOLDINGS, LLC sold 39,266 shares for $7.29 per share. The transaction valued at 286,249 led to the insider holds 35,733,411 shares of the business.
AE RED HOLDINGS, LLC sold 24,883 shares of RDW for $176,669 on Jul 19 ’24. The Director now owns 35,708,528 shares after completing the transaction at $7.10 per share. On Jul 16 ’24, another insider, AE RED HOLDINGS, LLC, who serves as the Director of the company, sold 88,145 shares for $7.64 each. As a result, the insider received 673,428 and left with 35,835,431 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 916933568 and an Enterprise Value of 1120748160. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.08. Its current Enterprise Value per Revenue stands at 3.761 whereas that against EBITDA is -84.356.
Stock Price History:
Over the past 52 weeks, RDW has reached a high of $14.24, while it has fallen to a 52-week low of $2.49. The 50-Day Moving Average of the stock is 60.07%, while the 200-Day Moving Average is calculated to be 128.70%.
Shares Statistics:
It appears that RDW traded 443.64K shares on average per day over the past three months and 836620 shares per day over the past ten days. A total of 65.55M shares are outstanding, with a floating share count of 23.47M. Insiders hold about 64.73% of the company’s shares, while institutions hold 14.55% stake in the company. Shares short for RDW as of 1731628800 were 3329126 with a Short Ratio of 6.75, compared to 1728950400 on 2742902. Therefore, it implies a Short% of Shares Outstanding of 3329126 and a Short% of Float of 11.5.
