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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 $1.02, down 8.93% from the previous day, and has decreased 18.4% in one year. It has underperformed other stocks in the Computer Hardware industry by 1.3 percentage points. Red Cat Holdings stock is currently +94.29% from its 52-week low of $0.53, and -38.18% from its 52-week high of $1.65.

There are currently 74.28M shares of RCAT outstanding. The market cap of RCAT is $75.77M. In the last 24 hours, 550,500 RCAT shares were traded.

How to Buy Red Cat Holdings Stock

Wondering how to invest in Red Cat Holdings stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Select your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal details to create your new brokerage account.
  1. Send your information by clicking the "Create Account" button.
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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.

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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 Price
$1.02
1w %
12.09%
1y %
-18.4%
5y %
N/A
P/E
-1.96x
P/B
1.53x
P/S
4.13x
PEG
N/A
Revenue
$13.73M
Earnings
-$28.35M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$75.77M
Next Earnings
Jul 25, 2024
Next Dividend
N/A

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 undervalued based on its P/B ratio of 1.53x, relative to Computer Hardware industry P/B ratio of 15.06x

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 0.12.

Failed Financial Due Diligence Checks:

  • RCAT profit margin has gone up by 2.17 percentage points in the past year, but the company is still unprofitable.
  • RCAT has cash burn of 24839841. It does not have enough cash and short-term investments to cover this.
  • RCAT has $7.70M in cash and short term investments. This is not enough to cover its annual cash burn of $24.84M.

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

SMA10
0.96
SMA20
0.99
SMA50
1.11
SMA100
0.92
SMA200
0.89
MACD
-0.02
MACD Signal
-0.04
MACD Histogram
0.02
RSI
49.91
Stochastic %K
73.93
Stochastic %D
70.36
StochRSI %K
90.66
StochRSI %D
94.17

RCAT Growth Numbers

Last year, RCAT revenue was $13.73M. Over the past 3 year, RCAT's revenue has gone up by 143.14% per year. This was faster than the Computer Hardware industry average of 10.65%.

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, CEO Teal subsidiary of RCAT, was the latest RCAT insider to sell. They sold $6,431.25 worth of RCAT stock on Mar 1, 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.

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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.

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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:

  1. Choose where to buy Red Cat Holdings stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Red Cat Holdings stock
  5. Place your RCAT buy order
  6. 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 Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your new investment in Red Cat Holdings, hit the button below to create your watchlist.

NASDAQ: RCAT
$1.02-0.10 (-8.93%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: RCAT
$1.02-0.10 (-8.93%)
Updated Jun 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Red Cat Holdings share?

As of Jun 18, 2024, it costs $1.02 to buy one share of Red Cat Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.51, you can buy 0.5 shares of RCAT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Red Cat Holdings stock?

According to 1 Wall Street analysts who monitor Red Cat Holdings, their consensus recommendation is to buy Red Cat Holdings stock.

What is the best way to buy Red Cat Holdings stock?

One way to place an order for Red Cat Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.