Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Rekor Systems Inc (NASDAQ: REKR) was $1.25 for the day, down -6.72% from the previous closing price of $1.34. In other words, the price has decreased by -$6.72 from its previous closing price. On the day, 2.66 million shares were traded. REKR stock price reached its highest trading level at $1.355 during the session, while it also had its lowest trading level at $1.23.
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.
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 147595008 and an Enterprise Value of 174015248. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 4.16. Its current Enterprise Value per Revenue stands at 3.829 whereas that against EBITDA is -5.427.
Stock Price History:
The Beta on a monthly basis for REKR is 2.28, which has changed by -0.2977528 over the last 52 weeks, in comparison to a change of 0.16932249 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 1.73%, while the 200-Day Moving Average is calculated to be 2.22%.
Shares Statistics:
REKR traded an average of 4.58M shares per day over the past three months and 2686080 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 29.80% stake in the company. Shares short for REKR as of 1752537600 were 12922868 with a Short Ratio of 2.82, compared to 1749772800 on 15387451. Therefore, it implies a Short% of Shares Outstanding of 12922868 and a Short% of Float of 12.3900004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
