RCAT Stock Summary and Trading Ideas (Red Cat Hldgs | NASDAQ:RCAT)

Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a provider of unmanned aircraft for interior spaces and other dangerous environments.

Red Cat Hldgs trades on the NASDAQ stock market under the symbol RCAT.

As of January 31, 2025, RCAT stock price climbed to $8.94 with 5,690,958 million shares trading.

RCAT has a beta of 1.10, meaning it tends to be more sensitive to market movements. RCAT has a correlation of 0.01 to the broad based SPY ETF.

RCAT has a market cap of $716.64 million. This is considered a Small Cap stock.

Last quarter Red Cat Hldgs reported $2 million in Revenue and -$.18 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.10.

In the last 3 years, RCAT traded as high as $15.27 and as low as $.53.

The top ETF exchange traded funds that RCAT belongs to (by Net Assets): VTI, KOMP, VXF, FITE, SHLD.

RCAT has outperformed the market in the last year with a return of +1228.2%, while the SPY ETF gained +24.2%. In the last 3 month period, RCAT beat the market returning +182.0%, while SPY returned +4.3%. However, in the most recent 2 weeks RCAT has underperformed the stock market by returning -11.5%, while SPY returned +1.9%.

RCAT support price is $7.93 and resistance is $9.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RCAT shares will trade within this expected range on the day.