Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Fast Radius, Inc. operates as a cloud manufacturing and digital supply chain company. The company's Cloud Manufacturing Platform supports engineers, product developers, and supply chain professionals in various stages of product design and manufacturing, including design, make, and fulfill. It offers a range of manufacturing technologies, including additive manufacturing, computer numerically controlled machining, injection molding, sheet metal, urethane casting, and other manufacturing methods. The company was founded in 2015 and is headquartered in Chicago, Illinois. On November 7, 2022, Fast Radius, Inc.,along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.
