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The price of Rekor Systems Inc (NASDAQ: REKR) closed at $1.16 in the last session, down -4.92% from day before closing price of $1.22. In other words, the price has decreased by -$4.92 from its previous closing price. On the day, 0.74 million shares were traded. REKR stock price reached its highest trading level at $1.23 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 107974304 and an Enterprise Value of 132522672. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 3.126 whereas that against EBITDA is -3.977.
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 $1.10. The 50-Day Moving Average of the stock is -23.77%, while the 200-Day Moving Average is calculated to be -45.54%.
Shares Statistics:
According to the various share statistics, REKR traded on average about 1.20M shares per day over the past 3-months and 798340 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 58.64% stake in the company. Shares short for REKR as of 1724976000 were 15478301 with a Short Ratio of 12.93, compared to 1722384000 on 16714419. Therefore, it implies a Short% of Shares Outstanding of 15478301 and a Short% of Float of 20.39.
