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The closing price of Redwire Corporation (NYSE: RDW) was $5.89 for the day, down -6.06% from the previous closing price of $6.27. In other words, the price has decreased by -$6.06 from its previous closing price. On the day, 0.56 million shares were traded. RDW stock price reached its highest trading level at $6.025 during the session, while it also had its lowest trading level at $5.34.
Ratios:
Our analysis of RDW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.16. 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 July 22, 2024, Downgraded its rating to Neutral and sets its target price to $8 from $6 previously.
On February 02, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.
On December 20, 2023, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $5.Alliance Global Partners initiated its Buy rating on December 20, 2023, with a $5 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 Jul 19 ’24 when AE RED HOLDINGS, LLC sold 24,883 shares for $7.10 per share. The transaction valued at 176,669 led to the insider holds 35,708,528 shares of the business.
AE RED HOLDINGS, LLC sold 39,266 shares of RDW for $286,249 on Jul 18 ’24. The Director now owns 35,733,411 shares after completing the transaction at $7.29 per share. On Jul 17 ’24, another insider, AE RED HOLDINGS, LLC, who serves as the Director of the company, sold 62,754 shares for $7.70 each. As a result, the insider received 483,206 and left with 35,772,677 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 386258528 and an Enterprise Value of 557209664. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41. Its current Enterprise Value per Revenue stands at 2.034 whereas that against EBITDA is -94.571.
Stock Price History:
Over the past 52 weeks, RDW has reached a high of $8.23, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is -7.76%, while the 200-Day Moving Average is calculated to be 45.67%.
Shares Statistics:
RDW traded an average of 468.69K shares per day over the past three months and 322450 shares per day over the past ten days. A total of 65.55M shares are outstanding, with a floating share count of 22.48M. Insiders hold about 65.72% of the company’s shares, while institutions hold 9.98% stake in the company. Shares short for RDW as of 1721001600 were 3195656 with a Short Ratio of 6.82, compared to 1718323200 on 2316032. Therefore, it implies a Short% of Shares Outstanding of 3195656 and a Short% of Float of 11.42.
