Red Cat (NASDAQ:RCAT – Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, August 8th. Individual interested in participating in the company’s earnings conference call can do so using this link.
Red Cat Stock Down 1.5 %
RCAT traded down $0.03 during trading on Tuesday, hitting $1.95. The company’s stock had a trading volume of 187,191 shares, compared to its average volume of 643,018. The firm has a market capitalization of $144.90 million, a P/E ratio of -3.77 and a beta of -0.09. Red Cat has a twelve month low of $0.53 and a twelve month high of $2.48. The stock’s fifty day moving average price is $1.39 and its 200-day moving average price is $1.07.
Analysts Set New Price Targets
Separately, LADENBURG THALM/SH SH assumed coverage on shares of Red Cat in a research note on Friday, June 14th. They issued a “buy” rating and a $4.00 price target for the company.
About Red Cat
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.
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