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After finishing at $2.16 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $2.23, up 3.24%. In other words, the price has increased by $3.24 from its previous closing price. On the day, 4.47 million shares were traded. REKR stock price reached its highest trading level at $2.24 during the session, while it also had its lowest trading level at $2.01.
Ratios:
Our goal is to gain a better understanding of REKR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.77.
On February 11, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REKR now has a Market Capitalization of 281724896 and an Enterprise Value of 306164256. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.21 while its Price-to-Book (P/B) ratio in mrq is 7.70. Its current Enterprise Value per Revenue stands at 6.747 whereas that against EBITDA is -10.035.
Stock Price History:
The Beta on a monthly basis for REKR is 2.16, which has changed by 0.85833335 over the last 52 weeks, in comparison to a change of 0.12121439 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $3.42, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 13.87%, while the 200-Day Moving Average is calculated to be 57.93%.
Shares Statistics:
The stock has traded on average 5.23M shares per day over the past 3-months and 4131800 shares per day over the last 10 days, according to various share statistics. A total of 122.24M shares are outstanding, with a floating share count of 120.92M. Insiders hold about 4.29% of the company’s shares, while institutions hold 24.59% stake in the company. Shares short for REKR as of 1760486400 were 10732770 with a Short Ratio of 2.05, compared to 1757894400 on 12804367. Therefore, it implies a Short% of Shares Outstanding of 10732770 and a Short% of Float of 9.54.
Earnings Estimates
. The current assessment of Rekor Systems Inc (REKR) involves the perspectives of 1.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.22 and -$0.22 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.04, with 1.0 analysts recommending between -$0.04 and -$0.04.
Revenue Estimates
2 analysts predict $12.85M in revenue for. The current quarter. It ranges from a high estimate of $14M to a low estimate of $11.7M. As of. The current estimate, Rekor Systems Inc’s year-ago sales were $10.55MFor the next quarter, 2 analysts are estimating revenue of $14.71M. There is a high estimate of $15.81M for the next quarter, whereas the lowest estimate is $13.6M.
A total of 2 analysts have provided revenue estimates for REKR’s current fiscal year. The highest revenue estimate was $51.37M, while the lowest revenue estimate was $46.9M, resulting in an average revenue estimate of $49.14M. In the same quarter a year ago, actual revenue was $46.03MBased on 2 analysts’ estimates, the company’s revenue will be $59.23M in the next fiscal year. The high estimate is $69.27M and the low estimate is $49.2M.
