The stock of Redwire Corporation (RDW) has gone up by 16.80% for the week, with a 39.38% rise in the past month and a 26.00% rise in the past quarter. The volatility ratio for the week is 7.16%, and the volatility levels for the past 30 days are 7.28% for RDW. The simple moving average for the past 20 days is 20.95% for RDW’s stock, with a 73.36% simple moving average for the past 200 days.
Is It Worth Investing in Redwire Corporation (NYSE: RDW) Right Now?
Moreover, the 36-month beta value for RDW is 1.97. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RDW is 23.44M and currently, short sellers hold a 11.00% of that float. On October 17, 2024, RDW’s average trading volume was 335.63K shares.
RDW) stock’s latest price update
The stock of Redwire Corporation (NYSE: RDW) has increased by 4.83 when compared to last closing price of 8.39. Despite this, the company has experienced a 16.80% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-14 that JACKSONVILLE, Fla.–(BUSINESS WIRE)—- $RDW–Redwire Corporation (NYSE:RDW), a leader in space infrastructure for the next generation space economy, announced today that it is finalizing integration and preparing for delivery of two satellites for the European Space Agency’s (ESA) Proba-3 mission later the in fourth quarter of this year. Simultaneously, Redwire has started spacecraft integration for two other ESA satellite missions, the Atmospheric Limb Tracker for Investigation of the Upcoming Stratos.
Analysts’ Opinion of RDW
Many brokerage firms have already submitted their reports for RDW stocks, with B. Riley Securities repeating the rating for RDW by listing it as a “Buy.” The predicted price for RDW in the upcoming period, according to B. Riley Securities is $8 based on the research report published on August 09, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see RDW reach a price target of $8, previously predicting the price at $6. The rating they have provided for RDW stocks is “Neutral” according to the report published on July 22nd, 2024.
Cantor Fitzgerald gave a rating of “Overweight” to RDW, setting the target price at $5 in the report published on February 02nd of the current year.
RDW Trading at 32.25% from the 50-Day Moving Average
After a stumble in the market that brought RDW to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 4.08% of gains for the given period.
Volatility was left at 7.28%, however, over the last 30 days, the volatility rate increased by 7.16%, as shares surge +37.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.91% upper at present.
During the last 5 trading sessions, RDW rose by +17.53%, which changed the moving average for the period of 200-days by +198.99% in comparison to the 20-day moving average, which settled at $7.27. In addition, Redwire Corporation saw 208.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RDW starting from AE RED HOLDINGS, LLC, who sale 39,266 shares at the price of $7.29 back on Jul 18 ’24. After this action, AE RED HOLDINGS, LLC now owns 35,733,411 shares of Redwire Corporation, valued at $286,249 using the latest closing price.
AE RED HOLDINGS, LLC, the Director of Redwire Corporation, sale 24,883 shares at $7.10 during a trade that took place back on Jul 19 ’24, which means that AE RED HOLDINGS, LLC is holding 35,708,528 shares at $176,669 based on the most recent closing price.
Stock Fundamentals for RDW
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.19 for the gross margin
The net margin for Redwire Corporation stands at -0.14. The total capital return value is set at -0.13.
Based on Redwire Corporation (RDW), the company’s capital structure generated 1.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at -2.66. The interest coverage ratio of the stock is -1.75.
Currently, EBITDA for the company is -3.95 million with net debt to EBITDA at -19.43. When we switch over and look at the enterprise to sales, we see a ratio of 2.64. The receivables turnover for the company is 4.45for trailing twelve months and the total asset turnover is 1.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To wrap up, the performance of Redwire Corporation (RDW) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
