RedCloud (NASDAQ:RCT) Receives "Sell (E)" Rating from Weiss Ratings

Key Points

• RedCloud's stock has been given a "Sell (E)" rating by Weiss Ratings, indicating ongoing concerns about its performance.
• Despite Weiss Ratings' negative outlook, Wall Street Zen has upgraded RedCloud to a "hold" rating, suggesting some analysts see potential in the stock.
• RedCloud's stock currently trades at $1.84, with a 12-month range between a low of $0.80 and a high of $5.36.

RedCloud (NASDAQ:RCT - Get Free Report)'s stock had its "sell (e)" rating reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded RedCloud to a "hold" rating in a research report on Monday, September 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of "Sell".

RedCloud Price Performance

Shares of RCT stock opened at $1.84 on Wednesday. RedCloud has a 12-month low of $0.80 and a 12-month high of $5.36.

About RedCloud

We have developed and operate the RedCloud platform (the “Platform”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. We believe the Platform solves a decades old problem of how to unlock and enable access of key purchase and sales data between brands, distributors and retailers in high growth consumer markets.

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