In Wednesday’s Wall Street session, Redwire Corporation (NYSE:RDW) shares traded at $17.5, up 3.06% from the previous session.
RDW stock price is now 15.00% away from the 50-day moving average and 30.22% away from the 200-day moving average. The market capitalization of the company currently stands at $2.50B.
With the price target of $20, Canaccord Genuity recently initiated with Buy rating for Redwire Corporation (NYSE: RDW). On June 26, 2025, Truist recently initiated its ‘Hold’ rating on the stock quoting a target price of $16, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Baliff Jonathan, Chief Financial Officer bought 2,170 shares of the company’s stock on Mar 19 ’25. The stock was bought for $24,684 at an average price of $11.38. Upon completion of the transaction, the Chief Financial Officer now directly owns 1,028,954 shares in the company, valued at $18.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 17 ’25, Director Isham Joanne O’Rourke bought 4,578 shares of the business’s stock. A total of $50,451 was incurred on buying the stock at an average price of $11.02. This leaves the insider owning 83,595 shares of the company worth $1.46 million. A total of 66.31% of the company’s stock is owned by insiders.
During the past 12 months, Redwire Corporation has had a low of $4.87 and a high of $26.66. The fifty day moving average price for RDW is $14.99 and a two-hundred day moving average price translates $13.33325 for the stock.
The latest earnings results from Redwire Corporation (NYSE: RDW) was released for 2025-03-31. The company reported revenue of $61.4 million for the quarter, compared to $87.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.07 percent. For the current quarter, analysts expect RDW to generate $80.48M in revenue.
