Red Cat (RCAT) to Release Earnings on Monday

Red Cat (NASDAQ:RCAT) will release its earnings data after the market closes on Monday, September 23rd.

Red Cat (NASDAQ:RCAT) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $6.31 million during the quarter. Red Cat had a negative net margin of 134.84% and a negative return on equity of 45.56%.

Red Cat Stock Performance

Shares of Red Cat stock opened at $2.82 on Friday. Red Cat has a one year low of $0.52 and a one year high of $3.27. The company has a market cap of $212.01 million and a P/E ratio of -5.42. The firm has a fifty day moving average of $2.51 and a two-hundred day moving average of $1.54.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH began coverage on Red Cat in a report on Friday, June 14th. They issued a “buy” rating and a $4.00 price objective on the stock.

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.