NASDAQ:RCAT

Red Cat (RCAT) Stock Price, News & Analysis

$1.20
-0.10 (-7.69%)
(As of 04/23/2024 ET)
Today's Range
$1.15
$1.33
50-Day Range
$0.68
$1.42
52-Week Range
$0.53
$1.50
Volume
720,770 shs
Average Volume
366,266 shs
Market Capitalization
$89.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
RCAT stock logo

About Red Cat Stock (NASDAQ:RCAT)

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. Red Cat Holdings, Inc. is based in San Juan, Puerto Rico.

RCAT Stock Price History

RCAT Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Ocean Power Hooks up with Red Cat
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Q3 2024 Red Cat Holdings Inc Earnings Call
Red Cat Hldgs: Q3 Earnings Insights
RCAT Oct 2024 4.000 call
RCAT Jul 2024 2.000 call
Red Cat Holdings Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
3/18/2024
Today
4/23/2024
Fiscal Year End
4/30/2024
Next Earnings (Estimated)
7/25/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:RCAT
Fax
N/A
Employees
76
Year Founded
N/A

Profitability

Net Income
$-27,090,000.00
Net Margins
-206.42%
Pretax Margin
-197.84%

Debt

Sales & Book Value

Annual Sales
$9.91 million
Book Value
$1.00 per share

Miscellaneous

Free Float
51,113,000
Market Cap
$89.14 million
Optionable
Optionable
Beta
0.56
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Key Executives

  • Mr. Jeffrey M. Thompson (Age 60)
    Founder, Chairman, President & CEO
    Comp: $478.77k
  • Ms. Leah Lunger (Age 33)
    Interim CFO, Interim Principal Financial Officer & Interim Principal Accounting Officer
  • Mr. George Michael Matus
    Chief Technology Officer
  • Mr. Stan Nowak
    Vice President of Marketing
  • Mr. Geoffrey Hitchcock
    Senior Vice President of Global Defense Solutions
  • Mr. Giuseppe Santangelo
    Chief Executive Officer of Skypersonic

RCAT Stock Analysis - Frequently Asked Questions

How have RCAT shares performed in 2024?

Red Cat's stock was trading at $0.88 at the beginning of the year. Since then, RCAT shares have increased by 36.4% and is now trading at $1.20.
View the best growth stocks for 2024 here
.

Are investors shorting Red Cat?

Red Cat saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 417,100 shares, an increase of 37.6% from the March 15th total of 303,100 shares. Based on an average trading volume of 202,200 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.8% of the shares of the stock are sold short.
View Red Cat's Short Interest
.

When is Red Cat's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our RCAT earnings forecast
.

How were Red Cat's earnings last quarter?

Red Cat Holdings, Inc. (NASDAQ:RCAT) issued its quarterly earnings data on Monday, March, 18th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $5.85 million for the quarter. Red Cat had a negative trailing twelve-month return on equity of 52.40% and a negative net margin of 206.42%.

What ETF holds Red Cat's stock?

AdvisorShares Drone Technology ETF holds 17,141 shares of RCAT stock, representing 2.28% of its portfolio.

What guidance has Red Cat issued on next quarter's earnings?

Red Cat updated its fourth quarter 2024 earnings guidance on Thursday, April, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.0 million-$7.0 million, compared to the consensus revenue estimate of $7.0 million.

When did Red Cat IPO?

Red Cat (RCAT) raised $16 million in an initial public offering (IPO) on Friday, April 30th 2021. The company issued 4,000,000 shares at $4.00 per share. ThinkEquity (a division of Fordham Financial Management) served as the underwriter for the IPO.

How do I buy shares of Red Cat?

Shares of RCAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RCAT) was last updated on 4/24/2024 by MarketBeat.com Staff

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