Red Cat Holdings Inc (NASDAQ:RCAT) does about 6.60M shares in volume on a normal day but saw 9435472 shares change hands in the recent trading day. The company now has a market cap of 676.17M USD. Its current market price is $6600000.0, marking an increase of 9435472% compared to the previous close of $7.3. The 52 week high reached by this stock is $15.27 whilst the lowest price level in 52 weeks is $1.00.
The consensus objective for the share price is $13.33, suggesting that the stock has a potential downside of -49512278.09% 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 -7.45%, 6.82%, and 6.63% away from its SMA20, SMA50, and SMA200 respectively, with the RCAT price moving above the 50-day SMA on current market day. Red Cat Holdings Inc (RCAT) stock is down -21.49% over the week and 1.33% over the past month. Its price is 513.39% year-to-date and -46.54% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.12 and -0.39 for whole year. Expected sales for next quarter are $29.9M, which analysts say will come at $80.14M for the current fiscal year and next year at $151.4M. In addition, estimates put the company’s current quarterly revenue at an average of $7.72M.
To reach the target analysts have set, the stock logically needs to shrink -49512278.09 percent from here.
The company has a return on investment of -124.59% and return on equity of -68.83%. The forward price to earnings ratio is 71.07. The beta has a value of 0.76. Price to book ratio is 20.35 and price to sales ratio is 41.05.
