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The closing price of Rekor Systems Inc (NASDAQ: REKR) was $1.14 for the day, down -8.80% from the previous closing price of $1.25. In other words, the price has decreased by -$8.80 from its previous closing price. On the day, 12.62 million shares were traded. REKR stock price reached its highest trading level at $1.2699 during the session, while it also had its lowest trading level at $1.14.
Ratios:
Our analysis of REKR’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 134606640 and an Enterprise Value of 161051504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 3.544 whereas that against EBITDA is -5.022.
Stock Price History:
The Beta on a monthly basis for REKR is 2.26, which has changed by -0.2830189 over the last 52 weeks, in comparison to a change of 0.12748289 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 2.81%, while the 200-Day Moving Average is calculated to be -6.20%.
Shares Statistics:
REKR traded an average of 4.60M shares per day over the past three months and 4471040 shares per day over the past ten days. 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 1749772800 were 15387451 with a Short Ratio of 3.34, compared to 1747267200 on 20808623. Therefore, it implies a Short% of Shares Outstanding of 15387451 and a Short% of Float of 14.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
