Redwire Corporation (RDW) Shares Soar Above 1-Year High

The stock of Redwire Corporation (NYSE: RDW) has increased by 7.40 when compared to last closing price of 15.07.Despite this, the company has seen a gain of 29.79% in its stock price over the last five trading days. fool.com reported 2024-12-22 that What a long, strange trip it’s been since space stocks stormed onto the stock market in 2021.

Is It Worth Investing in Redwire Corporation (NYSE: RDW) Right Now?

Company’s 36-month beta value is 2.26.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for RDW is 23.53M, and currently, short sellers hold a 18.75% ratio of that floaft. The average trading volume of RDW on December 26, 2024 was 633.33K shares.

RDW’s Market Performance

The stock of Redwire Corporation (RDW) has seen a 29.79% increase in the past week, with a 17.54% rise in the past month, and a 133.89% gain in the past quarter. The volatility ratio for the week is 11.24%, and the volatility levels for the past 30 days are at 9.92% for RDW. The simple moving average for the last 20 days is 21.99% for RDW’s stock, with a simple moving average of 129.78% for the last 200 days.

Analysts’ Opinion of RDW

Many brokerage firms have already submitted their reports for RDW stocks, with H.C. Wainwright repeating the rating for RDW by listing it as a “Buy.” The predicted price for RDW in the upcoming period, according to H.C. Wainwright is $18 based on the research report published on November 26, 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 $9.50, previously predicting the price at $8. The rating they have provided for RDW stocks is “Neutral” according to the report published on October 29th, 2024.

B. Riley Securities gave a rating of “Buy” to RDW, setting the target price at $8 in the report published on August 09th of the current year.

RDW Trading at 45.87% 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 6.13% of gains for the given period.

Volatility was left at 9.92%, however, over the last 30 days, the volatility rate increased by 11.24%, as shares surge +17.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +108.37% upper at present.

During the last 5 trading sessions, RDW rose by +29.67%, which changed the moving average for the period of 200-days by +410.08% in comparison to the 20-day moving average, which settled at $13.27. In addition, Redwire Corporation saw 467.89% 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 Genesis Park II LP, who sale 16,717 shares at the price of $15.01 back on Dec 02 ’24. After this action, Genesis Park II LP now owns 4,693,297 shares of Redwire Corporation, valued at $250,860 using the latest closing price.

AE RED HOLDINGS, LLC, the Director of Redwire Corporation, sale 39,266 shares at $7.29 during a trade that took place back on Jul 18 ’24, which means that AE RED HOLDINGS, LLC is holding 35,733,411 shares at $286,249 based on the most recent closing price.

Stock Fundamentals for RDW

Current profitability levels for the company are sitting at:

  • -0.1 for the present operating margin
  • 0.17 for the gross margin

The net margin for Redwire Corporation stands at -0.19. The total capital return value is set at -0.19.

Based on Redwire Corporation (RDW), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 10.05. The interest coverage ratio of the stock is -2.41.

Currently, EBITDA for the company is -6.33 million with net debt to EBITDA at -2.71. When we switch over and look at the enterprise to sales, we see a ratio of 3.93. The receivables turnover for the company is 4.3for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.

Conclusion

In a nutshell, Redwire Corporation (RDW) has experienced a better performance in recent times. The stock has received mixed “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.

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