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The closing price of Rekor Systems Inc (NASDAQ: REKR) was $0.91 for the day, up 10.56% from the previous closing price of $0.82. In other words, the price has increased by $10.56 from its previous closing price. On the day, 1.85 million shares were traded. REKR stock price reached its highest trading level at $0.9218 during the session, while it also had its lowest trading level at $0.83.
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 0.63 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.70.
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.
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 85230896 and an Enterprise Value of 125454760. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 2.05. Its current Enterprise Value per Revenue stands at 2.96 whereas that against EBITDA is -3.764.
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 $0.79. The 50-Day Moving Average of the stock is -14.19%, while the 200-Day Moving Average is calculated to be -41.39%.
Shares Statistics:
REKR traded an average of 933.39K shares per day over the past three months and 1064250 shares per day over the past ten days. A total of 90.96M shares are outstanding, with a floating share count of 85.28M. Insiders hold about 9.10% of the company’s shares, while institutions hold 53.91% stake in the company. Shares short for REKR as of 1730332800 were 15610014 with a Short Ratio of 14.95, compared to 1727654400 on 14732225. Therefore, it implies a Short% of Shares Outstanding of 15610014 and a Short% of Float of 20.53.
