Closing Bell Recap: Rekor Systems Inc (REKR) Ends at 1.05, Reflecting a -5.41 Downturn

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Rekor Systems Inc (NASDAQ: REKR) closed the day trading at $1.05 down -5.41% from the previous closing price of $1.11. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 0.99 million shares were traded. REKR stock price reached its highest trading level at $1.15 during the session, while it also had its lowest trading level at $1.03.

Ratios:

For a better understanding of REKR, let’s 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.

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 92928672 and an Enterprise Value of 122804296. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 2.897 whereas that against EBITDA is -3.685.

Stock Price History:

Over the past 52 weeks, REKR has reached a high of $3.92, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -21.53%, while the 200-Day Moving Average is calculated to be -47.96%.

Shares Statistics:

Over the past 3-months, REKR traded about 967.18K shares per day on average, while over the past 10 days, REKR traded about 858230 shares per day. A total of 88.50M shares are outstanding, with a floating share count of 81.91M. Insiders hold about 7.45% of the company’s shares, while institutions hold 58.66% stake in the company. Shares short for REKR as of 1726185600 were 16805161 with a Short Ratio of 17.38, compared to 1723680000 on 16789907. Therefore, it implies a Short% of Shares Outstanding of 16805161 and a Short% of Float of 22.1.

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