Investing in Redwire Corporation (RDW) Is Getting More Attractive

Redwire Corporation’s filing revealed that its Chief Financial Officer Baliff Jonathan acquired Company’s shares for reported $24684.0 on Mar 19 ’25. In the deal valued at $11.38 per share,2,170 shares were bought. As a result of this transaction, Baliff Jonathan now holds 1,028,954 shares worth roughly $14.33 million.

Then, Isham Joanne O’Rourke bought 4,578 shares, generating $50,451 in total proceeds. Upon buying the shares at $11.02, the Director now owns 83,595 shares.

Before that, Cannito Peter Anthony Jr bought 10,683 shares. Redwire Corporation shares valued at $99,992 were divested by the Chairman and CEO at a price of $9.36 per share. As a result of the transaction, Cannito Peter Anthony Jr now holds 466,180 shares, worth roughly $6.49 million.

B. Riley Securities upgraded its Redwire Corporation [RDW] rating to a Buy from a a Neutral in a research note published on January 27, 2025; the price target was increased to $27 from $9.50. H.C. Wainwright began covering RDW with “Buy” recommendation on November 26, 2024. B. Riley Securities revised its rating on October 29, 2024. It rated RDW as “a Neutral” which previously was an “a Buy”.

Price Performance Review of RDW

On Monday, Redwire Corporation [NYSE:RDW] saw its stock fall -2.66% to $13.93. Over the last five days, the stock has gained 7.15%. Redwire Corporation shares have fallen nearly -15.37% since the year began. Nevertheless, the stocks have risen 168.40% over the past one year. While a 52-week high of $26.66 was reached on 02/13/25, a 52-week low of $4.84 was recorded on 04/07/25. SMA at 50 days reached $10.98, while 200 days put it at $11.85.

Levels Of Support And Resistance For RDW Stock

The 24-hour chart illustrates a support level at 13.48, which if violated will result in even more drops to 13.02. On the upside, there is a resistance level at 14.35. A further resistance level may holdings at 14.76. The Relative Strength Index (RSI) on the 14-day chart is 58.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 45.03%. Stochastics %K at 60.98% indicates the stock is a holding.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.