Quarterly Metrics: Quick and Current Ratios for Rekor Systems Inc (REKR)

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As of close of business last night, Rekor Systems Inc’s stock clocked out at $1.64, down -2.38% from its previous closing price of $1.68. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 1.89 million shares were traded. REKR stock price reached its highest trading level at $1.71 during the session, while it also had its lowest trading level at $1.625.

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 1.29 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.18.

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 Aug 25 ’23 when BERMAN ROBERT ALAN bought 10,000 shares for $3.45 per share. The transaction valued at 34,455 led to the insider holds 1,135,219 shares of the business.

Arctis Global LLC bought 100,000 shares of REKR for $310,800 on Aug 18 ’23. The 10% Owner now owns 9,647,491 shares after completing the transaction at $3.11 per share. On Aug 18 ’23, another insider, BERMAN ROBERT ALAN, who serves as the Chief Executive Officer of the company, bought 25,000 shares for $3.14 each. As a result, the insider paid 78,425 and bolstered with 1,025,219 shares of the company.

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 139932832 and an Enterprise Value of 166874864. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 3.40. Its current Enterprise Value per Revenue stands at 4.777 whereas that against EBITDA is -4.905.

Stock Price History:

The Beta on a monthly basis for REKR is 2.37, which has changed by 0.35537195 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $4.15, while it has fallen to a 52-week low of $1.19. The 50-Day Moving Average of the stock is -19.95%, while the 200-Day Moving Average is calculated to be -40.46%.

Shares Statistics:

It appears that REKR traded 1.14M shares on average per day over the past three months and 793430 shares per day over the past ten days. A total of 85.32M shares are outstanding, with a floating share count of 80.18M. Insiders hold about 6.03% of the company’s shares, while institutions hold 46.34% stake in the company. Shares short for REKR as of 1714435200 were 11570625 with a Short Ratio of 10.12, compared to 1711584000 on 12697427. Therefore, it implies a Short% of Shares Outstanding of 11570625 and a Short% of Float of 15.909999999999998.

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