Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) traded up 5.3% during trading on Monday . The stock traded as high as $1.23 and last traded at $1.19. 1,139,418 shares changed hands during trading, an increase of 118% from the average session volume of 522,538 shares. The stock had previously closed at $1.13.
Red Cat Stock Performance
The business has a fifty day moving average of $0.94 and a two-hundred day moving average of $0.84. The firm has a market capitalization of $88.40 million and a price-to-earnings ratio of -2.29.
Red Cat (NASDAQ:RCAT – Get Free Report) last issued its quarterly earnings data on Monday, March 18th. The company reported ($0.04) earnings per share for the quarter. Red Cat had a negative net margin of 206.42% and a negative return on equity of 52.40%. The company had revenue of $5.85 million during the quarter.
Hedge Funds Weigh In On Red Cat
About Red Cat
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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