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In the latest session, Rekor Systems Inc (NASDAQ: REKR) closed at $1.25 up 0.81% from its previous closing price of $1.24. In other words, the price has increased by $0.81 from its previous closing price. On the day, 0.84 million shares were traded. REKR stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.18.
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 0.67 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:
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 110629376 and an Enterprise Value of 140474064. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 3.314 whereas that against EBITDA is -4.215.
Stock Price History:
Over the past 52 weeks, REKR has reached a high of $4.07, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is -21.30%, while the 200-Day Moving Average is calculated to be -43.40%.
Shares Statistics:
For the past three months, REKR has traded an average of 1.20M shares per day and 910710 over the past ten 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 58.22% stake in the company. Shares short for REKR as of 1723680000 were 16789907 with a Short Ratio of 13.94, compared to 1721001600 on 16444791. Therefore, it implies a Short% of Shares Outstanding of 16789907 and a Short% of Float of 22.12.
