Home  »  Technology   »  Red Cat Holdings Inc. (RCAT): The stock short term...

Red Cat Holdings Inc. (RCAT): The stock short term indicators tell us to Sell today

How have the shares performed?

Red Cat Holdings Inc. (RCAT) saw an uptrend of 10.37% in the recent trading with $2.66 being its most recent. The current price level -65.68% lower than the highest price of $7.75 marked by the stock while trading over the past 52-weeks, whereas it is 392.59% higher than the lowest price of $0.54 the company dropped to over past 52-weeks. The latest news story on RCAT appeared in Simply Wall St. under the title “What Type Of Shareholders Make Up Red Cat Holdings, Inc.’s (NASDAQ:RCAT) Share Registry?” on Jun-17-21.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Squeezing the time span to 30 day period shows us the stock is currently trading -28.88% below one month high and is +13.19% above of the lowest during that time. Looking into the simple moving average, Red Cat Holdings Inc. (RCAT)’s stock stands at a SMA-50 of $3.36 while that of 5-day is reading $2.81.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and RCAT’s SMA-200 as of now is $2.76.

Red Cat Holdings Inc. Earnings – What Happened With RCAT

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $2.15 billion.

RCAT – Red Cat Holdings Inc. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 26.23 million. RCAT does have institutional investors; and they hold 1.60% of the stock.

Red Cat Holdings Inc. – Insider Activity and Holdings

Moreover, the latest SEC filings also revealed that stock came across 7 new insider purchases involving 67,343 shares. On the other hand, RCAT declared 0 shares have been sold in 0 insider transactions over the past three months.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. The count was 30.20 for long-term debt to equity ratio.

Red Cat Holdings Inc.’s return on equity, or ROE, is 693.40%, compared to the industry average of 4.88% for Technology – Software – Application. Although this indicates that RCAT uses its equity well, the metric will vary significantly depending on the industry.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Technical Analysis of Red Cat Holdings Inc. (NASDAQ:RCAT) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Red Cat Holdings Inc. (RCAT), we notice that the stock’s 20-day average volume is at 531,345 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 305,010 shares. And to end, RCAT’s 100-day average volume is 167,647 shares with 50% of the long-term indicators pointing towards Sell for the stock.

Leave a Comment

Your email address will not be published. Required fields are marked *

More Posts

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam