Ratios Reveal: Breaking Down Rekor Systems Inc (REKR)’s Financial Health

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Rekor Systems Inc (NASDAQ: REKR) closed the day trading at $1.58 down -0.63% from the previous closing price of $1.59. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 1.01 million shares were traded. REKR stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.56.

Ratios:

For a better understanding of REKR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.54.

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 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 134866128 and an Enterprise Value of 155810032. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 4.044 whereas that against EBITDA is -4.6.

Stock Price History:

Over the past 52 weeks, REKR has reached a high of $4.15, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -13.96%, while the 200-Day Moving Average is calculated to be -40.17%.

Shares Statistics:

Over the past 3-months, REKR traded about 1.38M shares per day on average, while over the past 10 days, REKR traded about 985250 shares per day. A total of 85.36M shares are outstanding, with a floating share count of 79.93M. Insiders hold about 6.36% of the company’s shares, while institutions hold 57.30% stake in the company. Shares short for REKR as of 1715731200 were 12431073 with a Short Ratio of 9.00, compared to 1713139200 on 10241416. Therefore, it implies a Short% of Shares Outstanding of 12431073 and a Short% of Float of 17.09.

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