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After finishing at $1.24 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $4.62M, up 4379372%. In other words, the price has increased by $4379372 from its previous closing price. On the day, 4.38 million shares were traded. REKR stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.15.
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 0.93 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.83.
On February 11, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 05 ’24 when Arctis Global LLC bought 2,275,000 shares for $1.40 per share. The transaction valued at 3,185,000 led to the insider holds 12,312,491 shares of the business.
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 136968160 and an Enterprise Value of 163408544. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 3.86. Its current Enterprise Value per Revenue stands at 3.596 whereas that against EBITDA is -5.096.
Stock Price History:
The Beta on a monthly basis for REKR is 2.26, which has changed by -0.2368421 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $2.67, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 8.54%, while the 200-Day Moving Average is calculated to be -4.52%.
Shares Statistics:
The stock has traded on average 4.62M shares per day over the past 3-months and 4173100 shares per day over the last 10 days, according to various share statistics. A total of 118.08M shares are outstanding, with a floating share count of 112.08M. Insiders hold about 5.08% of the company’s shares, while institutions hold 30.06% stake in the company. Shares short for REKR as of 1748563200 were 19693584 with a Short Ratio of 4.26, compared to 1745971200 on 21013403. Therefore, it implies a Short% of Shares Outstanding of 19693584 and a Short% of Float of 18.879999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
