Red Cat Holdings Inc [NASDAQ: RCAT] stock went on an upward path that rose over 8.57% on Monday, amounting to a one-week price decrease of less than -5.28%.
Over the last 12 months, RCAT stock rose by 546.00%. The one-year Red Cat Holdings Inc stock forecast points to a potential upside of 51.54. The average equity rating for RCAT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $587.32 million, with 85.65 million shares outstanding and 72.45 million shares in the current float. Compared to the average trading volume of 4.68M shares, RCAT stock reached a trading volume of 11490838 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Red Cat Holdings Inc [RCAT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCAT shares is $13.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RCAT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Northland Capital have made an estimate for Red Cat Holdings Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 11, 2025. While these analysts kept the previous recommendation, Ladenburg Thalmann raised their target price to Buy. The new note on the price target was released on June 14, 2024, representing the official price target for Red Cat Holdings Inc stock.
The Average True Range (ATR) for Red Cat Holdings Inc is set at 0.64, with the Price to Sales ratio for RCAT stock in the period of the last 12 months amounting to 35.66. The Price to Book ratio for the last quarter was 19.14, with the Price to Cash per share for the same quarter was set at 0.08.
RCAT Stock Performance Analysis:
Red Cat Holdings Inc [RCAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.28. With this latest performance, RCAT shares gained by 27.42% in over the last four-week period, additionally sinking by -22.73% over the last 6 months – not to mention a rise of 546.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RCAT stock in for the last two-week period is set at 54.34, with the RSI for the last a single of trading hit 55.23, and the three-weeks RSI is set at 52.83 for Red Cat Holdings Inc [RCAT]. The present Moving Average for the last 50 days of trading for this stock 5.97, while it was recorded at 6.17 for the last single week of trading, and 6.12 for the last 200 days.
Insight into Red Cat Holdings Inc Fundamentals:
Red Cat Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.54 and a Current Ratio set at 1.02.
Red Cat Holdings Inc [RCAT] Institutonal Ownership Details
There are presently around $19.71%, or 23.15%% of RCAT stock, in the hands of institutional investors. The top three institutional holders of RCAT stocks are: AIGH CAPITAL MANAGEMENT LLC with ownership of 4.92 million shares, which is approximately 6.6048%. AWM INVESTMENT COMPANY, INC., holding 4.47 million shares of the stock with an approximate value of $$5.14 million in RCAT stocks shares; and AWM INVESTMENT COMPANY, INC., currently with $$1.63 million in RCAT stock with ownership which is approximately 1.9066%.
