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As of close of business last night, Redwire Corporation’s stock clocked out at $15.07, up 7.18% from its previous closing price of $14.06. In other words, the price has increased by $7.18 from its previous closing price. On the day, 0.61 million shares were traded. RDW stock price reached its highest trading level at $15.07 during the session, while it also had its lowest trading level at $13.83.
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 Dec 02 ’24 when Genesis Park II LP sold 16,717 shares for $15.01 per share. The transaction valued at 250,860 led to the insider holds 4,693,297 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 19 ’24, another insider, AE RED HOLDINGS, LLC, who serves as the Director of the company, sold 24,883 shares for $7.10 each. As a result, the insider received 176,669 and left with 35,708,528 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 1002771328 and an Enterprise Value of 1128067712. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.61. Its current Enterprise Value per Revenue stands at 3.785 whereas that against EBITDA is -84.906.
Stock Price History:
Over the past 52 weeks, RDW has reached a high of $15.25, while it has fallen to a 52-week low of $2.68. The 50-Day Moving Average of the stock is 37.82%, while the 200-Day Moving Average is calculated to be 115.89%.
Shares Statistics:
It appears that RDW traded 625.92K shares on average per day over the past three months and 787150 shares per day over the past ten days. A total of 65.93M shares are outstanding, with a floating share count of 23.53M. Insiders hold about 64.64% of the company’s shares, while institutions hold 14.54% stake in the company. Shares short for RDW as of 1732838400 were 3940840 with a Short Ratio of 7.05, compared to 1730332800 on 2993800. Therefore, it implies a Short% of Shares Outstanding of 3940840 and a Short% of Float of 13.62.
