Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Redwire Corporation’s stock clocked out at $17.46, down -3.48% from its previous closing price of $18.09. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 1.49 million shares were traded. RDW stock price reached its highest trading level at $18.54 during the session, while it also had its lowest trading level at $17.43.
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 November 26, 2024, 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 Jan 02 ’25 when Genesis Park II LP sold 85,515 shares for $17.02 per share. The transaction valued at 1,455,106 led to the insider holds 4,495,268 shares of the business.
Genesis Park II LP sold 17,273 shares of RDW for $306,665 on Dec 31 ’24. The 10% Owner now owns 4,580,783 shares after completing the transaction at $17.75 per share. On Dec 27 ’24, another insider, Genesis Park II LP, who serves as the 10% Owner of the company, sold 89,870 shares for $16.99 each. As a result, the insider received 1,527,134 and left with 4,603,427 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 1161804032 and an Enterprise Value of 1365618560. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.14. Its current Enterprise Value per Revenue stands at 4.582 whereas that against EBITDA is -102.786.
Stock Price History:
Over the past 52 weeks, RDW has reached a high of $18.49, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is 43.74%, while the 200-Day Moving Average is calculated to be 134.00%.
Shares Statistics:
It appears that RDW traded 762.26K shares on average per day over the past three months and 1263300 shares per day over the past ten days. A total of 65.93M shares are outstanding, with a floating share count of 23.63M. Insiders hold about 64.49% of the company’s shares, while institutions hold 14.60% stake in the company. Shares short for RDW as of 1734048000 were 4412855 with a Short Ratio of 5.79, compared to 1731628800 on 3329126. Therefore, it implies a Short% of Shares Outstanding of 4412855 and a Short% of Float of 15.25.
