Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Rekor Systems Inc’s stock clocked out at $2.20, up 8.64% from its previous closing price of $2.03. In other words, the price has increased by $8.64 from its previous closing price. On the day, 6.71 million shares were traded.
Ratios:
To gain a deeper understanding of REKR’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.71 while its Price-to-Book (P/B) ratio in mrq is 4.96.
Stock Price History:
Over the past 52 weeks, REKR has reached a high of $3.15, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 64.30%, while the 200-Day Moving Average is calculated to be 55.62%.
Shares Statistics:
A total of 90.96M shares are outstanding, with a floating share count of 86.67M. Insiders hold about 7.62% of the company’s shares, while institutions hold 53.97% stake in the company.
