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After finishing at $1.54 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $1.60, up 3.90%. In other words, the price has increased by $3.90 from its previous closing price. On the day, 5.28 million shares were traded. REKR stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.535.
Ratios:
Our goal is to gain a better understanding of REKR by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 150120480 and an Enterprise Value of 125454760. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 3.61. 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 1.73, which has changed by -0.55922866 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $3.81, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 37.90%, while the 200-Day Moving Average is calculated to be 12.02%.
Shares Statistics:
The stock has traded on average 4.47M shares per day over the past 3-months and 10084940 shares per day over the last 10 days, according to various share statistics. 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 53.98% stake in the company. Shares short for REKR as of 1730332800 were 15610014 with a Short Ratio of 4.74, compared to 1727654400 on 14732225. Therefore, it implies a Short% of Shares Outstanding of 15610014 and a Short% of Float of 20.53.
