Red Cat Holdings Inc (RCAT): Investing In A Time Of Crisis

Red Cat Holdings Inc (NASDAQ:RCAT) currently has a daily average trading volume of 557.51K but it saw 1370773 shares traded in last market. With a market cap of 112.16M USD, the company’s current market price of $1.51 came falling about -1.31 while comparing to the previous closing price of $1.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.65 and as low as $0.52.

Taking a look at 20-day trading activity of Red Cat Holdings Inc (RCAT) gives us an average price of $1.1502, while its current price level is -8.48% below from 52-week high level whereas it is 187.62% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.9205 while that of 200 days or SMA-200 reads an average of $0.8864. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.47% during that period while stretching the period over a month that increases to 16.70%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 66.10 which implies that the stock is in neutral territory.

Over the week, RCAT’s stock price is moving -0.66% down while it is 88.75% when we observe its performance for the past one month. Year-to-date it is 71.59% up and over the past year, the stock is showing an upside performance of 77.58%.

Currently, Red Cat Holdings Inc’s total number of outstanding shares is 54.57M. Company’s return on investment (ROI) stands at -56.96% and return on equity (ROE) at -45.79%. Stock’s beta reads -0.21. Stock has a price to book (P/B) ratio of 2.26 while price to sale or P/S ratio amounts to 8.17. Its return on asset (ROA) is -41.46% on average.