What Every Investor Must Know About RCAT Stock

By Kim Brooks • Tuesday, March 14 12:06 • Permanent Link

A strong performer from today's afternoon trading session is Red Cat, whose shares rose 2.78% to $1.11 per share. For those of you thinking about investing in the stock, here is a brief value analysis of the stock using the company's basic fundamental ratios.

Red Cat Holdings, Inc. provides products, services and solutions to the drone industry. The company belongs to the Industrials sector, which has an average price to earnings (P/E) ratio of 20.49 and an average price to book (P/B) ratio of 3.78. In contrast, Red Cat has a trailing 12 month P/E ratio of -3.7 and a P/B ratio of 0.824.

Red Cat has moved -59.34% over the last year compared to -9.54% for the S&P 500 — a difference of -49.8%. Red Cat has a 52 week high of $2.65 and a 52 week low of $0.77.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.