Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report)’s stock price was up 5.3% during mid-day trading on Monday . The stock traded as high as $1.23 and last traded at $1.19. Approximately 1,139,418 shares traded hands during trading, an increase of 118% from the average daily volume of 522,538 shares. The stock had previously closed at $1.13.
Red Cat Stock Up 5.3 %
The company has a market capitalization of $88.40 million and a PE ratio of -2.29. The business has a 50 day simple moving average of $0.94 and a 200 day simple moving average of $0.84.
Red Cat (NASDAQ:RCAT – Get Free Report) last announced its quarterly earnings data on Monday, March 18th. The company reported ($0.04) EPS for the quarter. The company had revenue of $5.85 million during the quarter. Red Cat had a negative net margin of 206.42% and a negative return on equity of 52.40%.
Institutional Investors Weigh In On Red Cat
Red Cat Company Profile
Red Cat Holdings, Inc engages in the provision of various products, services, and solutions to the drone industry. The company operates through two segments: Enterprise and Consumer. It built infrastructure to manages drone fleets and fly, and provide services remotely, navigate confined industrial interior spaces and dangerous military environment.
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