Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $1.28 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $1.31, up 2.34%. In other words, the price has increased by $2.34 from its previous closing price. On the day, 1.84 million shares were traded. REKR stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.2025.
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 0.67 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.62.
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.
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 115939584 and an Enterprise Value of 138751744. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 3.273 whereas that against EBITDA is -4.119.
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 $1.26. The 50-Day Moving Average of the stock is -19.57%, while the 200-Day Moving Average is calculated to be -42.53%.
Shares Statistics:
The stock has traded on average 1.45M shares per day over the past 3-months and 1305110 shares per day over the last 10 days, according to various share statistics. A total of 88.50M shares are outstanding, with a floating share count of 82.22M. Insiders hold about 7.36% of the company’s shares, while institutions hold 58.23% stake in the company. Shares short for REKR as of 1722384000 were 16714419 with a Short Ratio of 11.54, compared to 1719532800 on 14477489. Therefore, it implies a Short% of Shares Outstanding of 16714419 and a Short% of Float of 22.02.
