Redwire Corporation (NYSE:RDW) shares, rose in value on Wednesday, April 16, with the stock price down by -3.44% to the previous day’s close as strong demand from buyers drove the stock to $9.83.
Actively observing the price movement in the last trading, the stock closed the session at $10.18, falling within a range of $9.302 and $9.9. The value of beta (5-year monthly) was 2.518. Referring to stock’s 52-week performance, its high was $26.66, and the low was $3.39. On the whole, RDW has fluctuated by -10.23% over the past month.
With the market capitalization of Redwire Corporation currently standing at about $757.72 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-09.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 431.11M, with a low estimate of 70.23M and a high estimate of 83.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 74.54M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RDW’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of RDW currently trading nearly 2.79% and -27.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.48, while the 7-day volatility ratio is showing 9.62% which for the 30-day chart, stands at 11.61%. Furthermore, Redwire Corporation (RDW)’s beta value is 2.38, and its average true range (ATR) is 1.28.
A comparison of Redwire Corporation (RDW) with its peers suggests the former has fared considerably weaker in the market. RDW showed an intraday change of -3.44% in last session, and over the past year, it grew by 176.12%%.
Data on historical trading for Redwire Corporation (NYSE:RDW) indicates that the trading volumes over the past 10 days have averaged 1.78 and over the past 3 months, they’ve averaged 2.20 million. According to company’s latest data on outstanding shares, there are 67.00 million shares outstanding.
Nearly 66.26% of Redwire Corporation’s shares belong to company insiders and institutional investors own 16.95% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.05 million shares as on 2025-03-31, resulting in a short ratio of 2.38. According to the data, the short interest in Redwire Corporation (RDW) stood at 1278.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.64 million. The stock has fallen by -40.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RDW stock heading into the next quarter.
