Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Rekor Systems Inc (NASDAQ: REKR) closed at $1.70 down -7.61% from its previous closing price of $1.84. In other words, the price has decreased by -$7.61 from its previous closing price. On the day, 6.76 million shares were traded.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.09 while its Price-to-Book (P/B) ratio in mrq is 3.83.
Stock Price History:
Over the past 52 weeks, REKR has reached a high of $2.71, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 4.53%, while the 200-Day Moving Average is calculated to be 18.73%.
Shares Statistics:
A total of 105.40M shares are outstanding, with a floating share count of 97.36M. Insiders hold about 7.62% of the company’s shares, while institutions hold 47.19% stake in the company.
