RedCloud Holdings plc (NASDAQ:RCT – Get Free Report)’s share price was down 10.8% during mid-day trading on Tuesday . The stock traded as low as $1.76 and last traded at $1.89. Approximately 472,035 shares changed hands during trading, a decline of 31% from the average daily volume of 685,219 shares. The stock had previously closed at $2.12.
Wall Street Analyst Weigh In
A number of equities analysts have commented on RCT shares. Wall Street Zen raised shares of RedCloud to a “hold” rating in a research note on Monday, September 1st. Weiss Ratings restated a “sell (e)” rating on shares of RedCloud in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
Read Our Latest Report on RedCloud
RedCloud Trading Down 10.8%
About RedCloud
We have developed and operate the RedCloud platform (the “Platform”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. We believe the Platform solves a decades old problem of how to unlock and enable access of key purchase and sales data between brands, distributors and retailers in high growth consumer markets.
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