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After finishing at $1.50 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $1.45, down -3.33%. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 0.9 million shares were traded. REKR stock price reached its highest trading level at $1.5599 during the session, while it also had its lowest trading level at $1.4301.
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 1.07 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:
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.
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 128312960 and an Enterprise Value of 144713472. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.33 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 3.756 whereas that against EBITDA is -4.272.
Stock Price History:
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 -12.68%, while the 200-Day Moving Average is calculated to be -37.29%.
Shares Statistics:
The stock has traded on average 1.45M shares per day over the past 3-months and 776630 shares per day over the last 10 days, according to various share statistics. A total of 88.49M shares are outstanding, with a floating share count of 81.97M. Insiders hold about 7.36% of the company’s shares, while institutions hold 60.73% stake in the company. Shares short for REKR as of 1721001600 were 16444791 with a Short Ratio of 11.56, compared to 1718323200 on 13380023. Therefore, it implies a Short% of Shares Outstanding of 16444791 and a Short% of Float of 22.600001.
