Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Rekor Systems Inc (NASDAQ: REKR) closed at $0.82 in the last session, up 5.35% from day before closing price of $0.78. In other words, the price has increased by $5.35 from its previous closing price. On the day, 2.03 million shares were traded. REKR stock price reached its highest trading level at $0.8299 during the session, while it also had its lowest trading level at $0.79.
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 0.86 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.82.
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 91258392 and an Enterprise Value of 118681568. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 2.578 whereas that against EBITDA is -3.484.
Stock Price History:
The Beta on a monthly basis for REKR is 2.20, which has changed by -0.5427778 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $2.67, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -30.32%, while the 200-Day Moving Average is calculated to be -37.22%.
Shares Statistics:
According to the various share statistics, REKR traded on average about 5.75M shares per day over the past 3-months and 2416770 shares per day over the past 10 days. A total of 110.91M shares are outstanding, with a floating share count of 105.28M. Insiders hold about 5.08% of the company’s shares, while institutions hold 44.58% stake in the company. Shares short for REKR as of 1743379200 were 24699343 with a Short Ratio of 4.29, compared to 1740700800 on 19883803. Therefore, it implies a Short% of Shares Outstanding of 24699343 and a Short% of Float of 25.430000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
