Red Cat Holdings Inc (NASDAQ: RCAT)’s stock price has gone decline by -15.34 in comparison to its previous close of 10.10, however, the company has experienced a -14.71% decrease in its stock price over the last five trading days. accessnewswire.com reported 2025-01-17 that NEW YORK CITY, NY / ACCESS Newswire / January 17, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Red Cat Holdings, Inc. (“Red Cat Holdings, Inc.”) (NASDAQ:RCAT) concerning possible violations of federal securities laws. Red Cat Holdings, Inc. is the subject of a report released by Kerrisdale Capital.
Is It Worth Investing in Red Cat Holdings Inc (NASDAQ: RCAT) Right Now?
Additionally, the 36-month beta value for RCAT is 0.49. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for RCAT is 61.99M and currently, short sellers hold a 13.64% ratio of that float. The average trading volume of RCAT on January 20, 2025 was 8.48M shares.
RCAT’s Market Performance
RCAT stock saw a decrease of -14.71% in the past week, with a monthly decline of -18.13% and a quarterly a decrease of 167.34%. The volatility ratio for the week is 14.54%, and the volatility levels for the last 30 days are 19.72% for Red Cat Holdings Inc (RCAT).. The simple moving average for the past 20 days is -24.30% for RCAT’s stock, with a 133.73% simple moving average for the past 200 days.
Analysts’ Opinion of RCAT
Many brokerage firms have already submitted their reports for RCAT stocks, with Ladenburg Thalmann repeating the rating for RCAT by listing it as a “Buy.” The predicted price for RCAT in the upcoming period, according to Ladenburg Thalmann is $4 based on the research report published on June 14, 2024 of the previous year 2024.
RCAT Trading at -1.60% from the 50-Day Moving Average
After a stumble in the market that brought RCAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.99% of loss for the given period.
Volatility was left at 19.72%, however, over the last 30 days, the volatility rate increased by 14.54%, as shares sank -11.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +161.62% upper at present.
During the last 5 trading sessions, RCAT fell by -14.71%, which changed the moving average for the period of 200-days by +969.38% in comparison to the 20-day moving average, which settled at $11.30. In addition, Red Cat Holdings Inc saw -33.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RCAT starting from Freedman Joseph David, who sale 25,000 shares at the price of $13.61 back on Dec 26 ’24. After this action, Freedman Joseph David now owns 610,190 shares of Red Cat Holdings Inc, valued at $340,250 using the latest closing price.
Freedman Joseph David, the Director of Red Cat Holdings Inc, sale 15,000 shares at $14.24 during a trade that took place back on Dec 30 ’24, which means that Freedman Joseph David is holding 585,190 shares at $213,600 based on the most recent closing price.
Stock Fundamentals for RCAT
Current profitability levels for the company are sitting at:
- -1.6 for the present operating margin
- 0.11 for the gross margin
The net margin for Red Cat Holdings Inc stands at -2.33. The total capital return value is set at -0.73. Equity return is now at value -100.48, with -72.03 for asset returns.
Based on Red Cat Holdings Inc (RCAT), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -1.39. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -976.13.
Currently, EBITDA for the company is -20.03 million with net debt to EBITDA at -0.34. When we switch over and look at the enterprise to sales, we see a ratio of 42.2. The receivables turnover for the company is 14.69for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In conclusion, Red Cat Holdings Inc (RCAT) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
