How to Buy Red Cat Holdings Stock
Red Cat Holdings Inc
Red Cat Holdings, Inc. , through its subsidiaries, provides various products, services, and solutions to the drone industry.
Red Cat Holdings stock last closed at $8.17, down 5.66% from the previous day, and has increased 975% in one year. It has overperformed other stocks in the Computer Hardware industry by 9.52 percentage points. Red Cat Holdings stock is currently +1,404.6% from its 52-week low of $0.54, and -35% from its 52-week high of $12.57.
There are currently 75.41M shares of RCAT outstanding. The market cap of RCAT is $616.09M. In the last 24 hours, 4.72M RCAT shares were traded.
How to Buy Red Cat Holdings Stock
Wondering how to invest in Red Cat Holdings stock? Here's how.
- Choose where to buy Red Cat Holdings stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Red Cat Holdings stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Evaluate Red Cat Holdings stock: The Red Cat Holdings ticker symbol is RCAT. Is Red Cat Holdings stock a good investment? Should you buy shares of RCAT? How do RCAT's underlying business fundamentals look? Do top analysts think Red Cat Holdings is a good buy? Why has RCAT's stock price moved recently? (Hint: Our stock research tools can help you understand if RCAT is a good stock to buy).
- Place your RCAT buy order: Decide if you will purchase RCAT shares at the current market price or use a limit order to buy RCAT shares at a specific price.
- Get key alerts regarding your investment in RCAT: Create a watchlist to important notifications about your new investment in Red Cat Holdings stock.
Step 1: Choose where to buy Red Cat Holdings stock
You will need an online brokerage account in order to access the NASDAQ market and buy RCAT shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to buy RCAT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on app for investing, you need to deposit funds:
Watch the tutorial below for more details transferring funds into your investment account.
Step 4: Evaluate Red Cat Holdings stock
Once you have figured out the best place to buy Red Cat Holdings stock, it's important to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Red Cat Holdings stock at a glance
RCAT Due Diligence Checks
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on RCAT's stock page.
Is RCAT stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge RCAT's intrinsic value.
Using relative valuations methods:
- RCAT could be overvalued based on its P/B ratio of 18.98x, relative to Computer Hardware industry P/B ratio of 13.75x
You can do more valuation research on RCAT's stock here.
RCAT Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the RCAT balance sheet.
- There are more short-term assets than short-term liabilities on the RCAT balance sheet.
- RCAT has a low debt to equity ratio of 0.17.
Failed Financial Due Diligence Checks:
- RCAT profit margin has gone up by 4.12 percentage points in the past year, but the company is still unprofitable.
- RCAT has cash burn of 14338675. It does not have enough cash and short-term investments to cover this.
- RCAT has $7.73M in cash and short term investments. This is not enough to cover its annual cash burn of $14.34M.
Is RCAT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on RCAT, the consensus analyst rating on Red Cat Holdings is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Red Cat Holdings stock forecast page.
Metrics for Advanced RCAT Traders
RCAT Growth Numbers
Last year, RCAT revenue was $18.86M. Over the past 4 year, RCAT's revenue has gone up by 110.97% per year. This was faster than the Computer Hardware industry average of 18.86%.
You can analyze RCAT's earnings and revenue performance here.
Who is buying/selling RCAT?
Over the last 12 months, insiders at RCAT have sold more shares than they have bought.
George Michael Matus, CTO Red Cat Holdings of RCAT, was the latest RCAT insider to sell. They sold $28,341.00 worth of RCAT stock on Nov 14, 2024.
Research more about who owns RCAT stock here.
Does RCAT stock generate passive income?
No, Red Cat Holdings doesn't provide an income stream by paying out dividends.
RCAT Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your RCAT buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Click the Open button and your broker will place the order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your investment in RCAT
Now that you own some RCAT stock, you'll want to stay up-to-date on your company.
Make a watchlist to track the most important metrics related to your RCAT stock.
RCAT Feed
How to Buy Stock in Red Cat Holdings
To summarize, here are the 6 steps to buy Red Cat Holdings stock:
- Choose where to buy Red Cat Holdings stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Red Cat Holdings stock
- Place your RCAT buy order
- Get key alerts regarding your investment in RCAT
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your new investment in Red Cat Holdings, hit the button below to create your watchlist.
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