With 4.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.04 million shares. During the session, the Computer Hardware company that operates in wider Technology sector, reached to the highest price of $6.45 whereas the lowest price it dropped to was $5.37. The 52-week range on RCAT shows that it touched its highest point at $15.27 and its lowest point at $0.75 during that stretch. It currently has a 1-year price target of $13.33. Beta for the stock currently stands at 0.42.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RCAT was up-trending over the past week, with a rise of 3.73%, but this was up by 14.72% over a month. Three-month performance dropped to -47.88% while six-month performance rose 149.61%. The stock gained 735.29% in the past year, while it has lost -50.27% so far this year.
Float and Shares Shorts:
At present, 78.03 million RCAT shares are outstanding with a float of 67.44 million shares on hand for trading. On 2025-03-14, short shares totaled 8.04 million, which was 939.0 higher than short shares on 1739491200. In addition to Mr. Jeffrey M. Thompson as the firm’s Founder, Interim CFO, President, CEO & Chairman, Mr. Sam Pelletier serves as its Vice President of Finance & Accounting.
Institutional Ownership:
Through their ownership of 0.33693 of RCAT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-10-31, RCAT reported revenue of $1534727.0 and operating income of -$9116419.0. The EBITDA in the recently reported quarter was -$8744194.0 and diluted EPS was -$0.18.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With RCAT analysts setting a high price target of 15.0 and a low target of 12.0, the average target price over the next 12 months is 13.33333. Based on these targets, RCAT could surge 134.74% to reach the target high and rise by 87.79% to reach the target low. Reaching the average price target will result in a growth of 108.66% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.355 being high and -$0.355 being low. For RCAT, this leads to a yearly average estimate of -$0.355.