While Redwire Corporation has underperformed by -2.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RDW rose by 296.71%, with highs and lows ranging from $26.66 to $2.98, whereas the simple moving average jumped by 15.19% in the last 200 days.
On January 27, 2025, B. Riley Securities Upgraded Redwire Corporation (NYSE: RDW) to Buy. H.C. Wainwright also rated RDW shares as ‘Buy’, setting a target price of $18 on the company’s shares in an initiating report dated November 26, 2024. B. Riley Securities October 29, 2024d the rating to Neutral on October 29, 2024, and set its price target from $8 to $9.50. B. Riley Securities August 09, 2024d its ‘Neutral’ rating to ‘Buy’ for RDW, as published in its report on August 09, 2024. B. Riley Securities’s report from July 22, 2024 suggests a price prediction of $8 for RDW shares, giving the stock a ‘Neutral’ rating. Cantor Fitzgerald also rated the stock as ‘Overweight’.
Analysis of Redwire Corporation (RDW)
Further, the quarter-over-quarter increase in sales is 9.62%, showing a positive trend in the upcoming months.
One of the most important indicators of Redwire Corporation’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.95, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and RDW is recording 1.86M average volume. On a monthly basis, the volatility of the stock is set at 14.35%, whereas on a weekly basis, it is put at 16.82%, with a loss of -13.67% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.00, showing growth from the present price of $12.06, which can serve as yet another indication of whether RDW is worth investing in or should be passed over.
How Do You Analyze Redwire Corporation Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 66.23%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 20.14% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RDW shares are owned by institutional investors to the tune of 20.14% at present.
