Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Rekor Systems Inc (NASDAQ: REKR) closed at $1.50 down -17.58% from its previous closing price of $1.82. In other words, the price has decreased by -$17.58 from its previous closing price. On the day, 8.48 million shares were traded. REKR stock price reached its highest trading level at $1.7 during the session, while it also had its lowest trading level at $1.41.
Ratios:
For a deeper understanding of Rekor Systems Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 170761504 and an Enterprise Value of 125454760. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 2.96 whereas that against EBITDA is -3.764.
Stock Price History:
The Beta on a monthly basis for REKR is 1.70, which has changed by -0.5297158 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $3.92, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 33.57%, while the 200-Day Moving Average is calculated to be 4.00%.
Shares Statistics:
For the past three months, REKR has traded an average of 4.10M shares per day and 20079200 over the past ten days. A total of 90.96M shares are outstanding, with a floating share count of 86.63M. Insiders hold about 7.67% of the company’s shares, while institutions hold 53.94% stake in the company. Shares short for REKR as of 1730332800 were 15610014 with a Short Ratio of 5.17, compared to 1727654400 on 14732225. Therefore, it implies a Short% of Shares Outstanding of 15610014 and a Short% of Float of 20.53.
