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Redwire Corporation (RDW) Is Now En Route to Higher Prices

Redwire Corporation (NYSE: RDW) is -12.88% lower on its value in year-to-date trading and has touched a low of $2.91 and a high of $26.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RDW stock was last observed hovering at around $16.42 in the last trading session, with the day’s loss setting it -2.08%.

Currently trading at $14.34, the stock is -34.37% and -21.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing -12.67% at the moment leaves the stock 41.57% off its SMA200. RDW registered 394.48% gain for a year compared to 6-month gain of 120.96%.

The stock witnessed a -32.49% loss in the last 1 month and extending the period to 3 months gives it a 30.13%, and is -39.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.79% over the week and 13.41% over the month.

Redwire Corporation (RDW) has around 700 employees, a market worth around $961.00M and $298.03M in sales. Profit margin for the company is -26.69%. Distance from 52-week low is 392.78% and -46.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.97%).

with sales reaching $74.55M over the same period.The EPS is expected to shrink by -145.45% this year, but quarterly earnings will post 26.89% year-over-year. Quarterly sales are estimated to grow 17.42% in year-over-year returns.

Redwire Corporation (RDW) Top Institutional Holders

The shares outstanding are 65.93M, and float is at 25.04M with Short Float at 22.27%.

The top institutional shareholder in the company is BLACKROCK INC. with over 1.45 million shares valued at $10.38 million. The investor’s holdings represent 2.2083% of the RDW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.19 million shares valued at $8.53 million to account for 1.8133 of the shares outstanding. The other top investors are BARCLAYS PLC which holds 0.76 million shares representing 1.1564% and valued at over $5.44 million, while INVESCO LTD. holds 0.9046 of the shares totaling 0.59 million with a market value of $4.25 million.

Redwire Corporation (RDW) Insider Activity

The most recent transaction is an insider sale by Genesis Park II LP, the company’s 10% Owner. SEC filings show that Genesis Park II LP sold 10,115 shares of the company’s common stock on Feb 19 ’25 at a price of $24.11 per share for a total of $0.24 million. Following the sale, the insider now owns 3.64 million shares.

Redwire Corporation disclosed in a document filed with the SEC on Feb 14 ’25 that Genesis Park II LP (10% Owner) sold a total of 42,449 shares of the company’s common stock. The trade occurred on Feb 14 ’25 and was made at $24.22 per share for $1.03 million. Following the transaction, the insider now directly holds 3.66 million shares of the RDW stock.

Still, SEC filings show that on Feb 18 ’25, Genesis Park II LP (10% Owner) disposed off 7,534 shares at an average price of $25.21 for $0.19 million. The insider now directly holds 3,654,681 shares of Redwire Corporation (RDW).

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