Redwire Corporation (NYSE:RDW) currently has a daily average trading volume of 633.33K but it saw 1651662 shares traded in last market. With a market cap of 1.14B USD, the company’s current market price of $17.09 came rising about 13.40 while comparing to the previous closing price of $15.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.25 and as low as $2.68. In the recent trading on the day, stock has struck highest price mark of $14.77 while lowest mark touched by it was $17.09.
Taking a look at 20-day trading activity of Redwire Corporation (RDW) gives us an average price of $13.31, while its current price level is 12.07% below from 52-week high level whereas it is 537.69% 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 $11.11 while that of 200 days or SMA-200 reads an average of $7.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.41% during that period while stretching the period over a month that decreases to 10.30%. 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 74.06 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which initiated the stock as “Buy” in its note to investors issued on November 26, 2024, recommending a price target of $18 for it. B. Riley Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 29, 2024 while assigning a price target range of $8-$9.50. B. Riley Securities issued its recommendations for the stock as it upgraded the price target for the stock is $8.
Over the week, RDW’s stock price is moving 37.05% up while it is 24.11% when we observe its performance for the past one month. Year-to-date it is 499.65% up and over the past year, the stock is showing an upside performance of 467.77%.
Currently, Redwire Corporation’s total number of outstanding shares is 65.93M. Company’s return on investment (ROI) stands at -54.97%. Stock’s beta reads 2.26. Stock has a price to sale or P/S ratio amounts to 3.82. Its return on asset (ROA) is -20.76% on average.
