Redwire Corporation (RDW): What the Financials Tell Us

Redwire Corporation (NYSE:RDW) saw an upside of 7.46% to close Tuesday at $9.94 after adding $0.69 on the day. The 5-day average trading volume is 1,016,560 shares of the company’s common stock. It has gained $10.87 in the past week. An average of 570,960 shares of the company has been traded in the last 20 days.

RDW’s 1-month performance is -12.11% or -$1.70 on its low of $8.78 reached on 10/06/21. The company’s shares have touched a 52-week low of $8.78 and high of $13.34. YTD, RDW has lost -4.51%. However, the current price is down -25.49%% from the 52-week high price.


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Valuation Metrics

Redwire Corporation (RDW) has a trailing price-to-earnings (P/E) ratio of 18.50 for the broader industry and 28.48 for the sector.RDW stock has a beta of 0.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.92 while the price-to-book (PB) in the most recent quarter is 1.70.

Technical Picture

Let’s look briefly at Redwire Corporation (RDW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 48.71% to suggest the stock is trending Neutral, with historical volatility in this time period at 78.50%.

The stock’s 5-day moving average is $9.45, reflecting a +9.11% or $0.83 change from its current price. RDW is currently trading -6.84% above its 20-day SMA.

Stochastic %K and %D was 27.61% and 23.33% and the average true range (ATR) pointed at 0.80. The RSI (14) points at 43.66%, while the 14-day stochastic is at 43.90% with the period’s ATR at 0.78. The stock’s 9-day MACD Oscillator is pointing at 0.17 and -0.14 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Redwire Corporation (NYSE: RDW), Jefferies launched coverage with a Buy rating. Analysts offering their rating for RDW stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate RDW as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is RDW’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $15.00 and a high of $15.00, with their median price target at $15.00. Looking at these predictions, the average price target given by analysts is for Redwire Corporation (RDW) stock is $15.00.

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