Red Cat Holdings Inc (NASDAQ:RCAT) does about 5.23M shares in volume on a normal day but saw 14870086 shares change hands in the recent trading day. The company now has a market cap of 800.05M USD. Its current market price is $8.80, marking an increase of 7.84% compared to the previous close of $8.16. The 52 week high reached by this stock is $15.27 whilst the lowest price level in 52 weeks is $0.80.
The consensus objective for the share price is $13.33, suggesting that the stock has a potential upside of 33.98% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 11, 2025 when Northland Capital initiated the stock to “Outperform” and issued a price target of $13.
The current price level is 29.18%, 42.66%, and 40.97% away from its SMA20, SMA50, and SMA200 respectively, with the RCAT price moving below the 50-day SMA on current market day. Red Cat Holdings Inc (RCAT) stock is up 36.22% over the week and 54.39% over the past month. Its price is -31.52% year-to-date and 841.18% over the past year.
To reach the target analysts have set, the stock logically needs to grow 33.98 percent from here.
Outstanding shares total 85.65M with insiders holding 14.89% of the shares and institutional holders owning 19.96% of the company’s common stock. The company has a return on investment of -124.59% and return on equity of -68.83%. The forward price to earnings ratio is 91.03. The beta has a value of 0.77. Price to book ratio is 26.07 and price to sales ratio is 48.58.
