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.
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
The closing price of Rekor Systems Inc (NASDAQ: REKR) was $1.06 for the day, up 0.95% from the previous closing price of $1.05. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.54 million shares were traded. REKR stock price reached its highest trading level at $1.07 during the session, while it also had its lowest trading level at $1.045.
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 0.67 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:
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 93813712 and an Enterprise Value of 123687784. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 2.918 whereas that against EBITDA is -3.711.
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 -8.70%, while the 200-Day Moving Average is calculated to be -40.64%.
Shares Statistics:
REKR traded an average of 895.33K shares per day over the past three months and 751670 shares per day over the past ten days. A total of 88.50M shares are outstanding, with a floating share count of 81.95M. Insiders hold about 7.40% of the company’s shares, while institutions hold 58.71% stake in the company. Shares short for REKR as of 1728950400 were 15946841 with a Short Ratio of 17.81, compared to 1726185600 on 16805161. Therefore, it implies a Short% of Shares Outstanding of 15946841 and a Short% of Float of 20.969999.
