The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Rekor Systems Inc (NASDAQ: REKR) closed the day trading at $0.90 down -12.47% from the previous closing price of $1.03. In other words, the price has decreased by -$12.47 from its previous closing price. On the day, 8.61 million shares were traded.
Ratios:
For a better understanding of REKR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.82.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 2.76.
Stock Price History:
Over the past 52 weeks, REKR has reached a high of $2.67, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is -9.53%, while the 200-Day Moving Average is calculated to be -29.02%.
Shares Statistics:
A total of 110.91M shares are outstanding, with a floating share count of 105.28M. Insiders hold about 5.08% of the company’s shares, while institutions hold 44.75% stake in the company.
