NasdaqCM:RCATAerospace & Defense
A Look At Red Cat Holdings (RCAT) Valuation After New Japanese Army Black Widow Drone Contract
Red Cat Holdings (RCAT) is back in focus after detailing a contract to supply 173 Black Widow small unmanned aircraft systems to the Japanese Army, in a competitively awarded deal coordinated through Japan’s Ministry of Defense.
See our latest analysis for Red Cat Holdings.
The contract news comes after a softer patch in the stock, with a 30 day share price return of a 15% decline and a 90 day share price return of a 22.8% decline. However, the 1 year total shareholder return of 98.6% and 3...