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The price of Rekor Systems Inc (NASDAQ: REKR) closed at $1.15 in the last session, down -0.86% from day before closing price of $1.16. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 1.04 million shares were traded. REKR stock price reached its highest trading level at $1.2 during the session, while it also had its lowest trading level at $1.14.
Ratios:
We take a closer look at REKR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 102219584 and an Enterprise Value of 131639176. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 3.105 whereas that against EBITDA is -3.95.
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 -7.71%, while the 200-Day Moving Average is calculated to be -41.06%.
Shares Statistics:
According to the various share statistics, REKR traded on average about 932.28K shares per day over the past 3-months and 965110 shares per day over the past 10 days. 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 1727654400 were 14732225 with a Short Ratio of 15.80, compared to 1724976000 on 15478301. Therefore, it implies a Short% of Shares Outstanding of 14732225 and a Short% of Float of 19.379999.
