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.