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The closing price of Rekor Systems Inc (NASDAQ: REKR) was $1.93 for the day, down -5.39% from the previous closing price of $2.04. In other words, the price has decreased by -$5.39 from its previous closing price. On the day, 1.67 million shares were traded. REKR stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $1.855.
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 1.07 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.54.
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.
BERMAN ROBERT ALAN bought 10,000 shares of REKR for $34,455 on Aug 25 ’23. The Chief Executive Officer now owns 1,135,219 shares after completing the transaction at $3.45 per share. On Aug 18 ’23, another insider, Arctis Global LLC, who serves as the 10% Owner of the company, bought 100,000 shares for $3.11 each. As a result, the insider paid 310,800 and bolstered with 9,647,491 shares of the company.
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 174130768 and an Enterprise Value of 185685424. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.28 while its Price-to-Book (P/B) ratio in mrq is 3.00. Its current Enterprise Value per Revenue stands at 4.82 whereas that against EBITDA is -5.481.
Stock Price History:
The Beta on a monthly basis for REKR is 2.06, which has changed by -0.36721313 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $4.15, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is 17.45%, while the 200-Day Moving Average is calculated to be -20.14%.
Shares Statistics:
REKR traded an average of 1.44M shares per day over the past three months and 1228801 shares per day over the past ten days. A total of 85.36M shares are outstanding, with a floating share count of 79.07M. Insiders hold about 7.36% of the company’s shares, while institutions hold 61.00% stake in the company. Shares short for REKR as of 1719532800 were 14477489 with a Short Ratio of 10.05, compared to 1717113600 on 14324287. Therefore, it implies a Short% of Shares Outstanding of 14477489 and a Short% of Float of 19.900000000000002.
