Rekor Systems Inc (NASDAQ: REKR) closed the day trading at $2.03 down -3.79% from the previous closing price of $2.11. On the day, 1128006 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 1.29 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.18.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.96 while its Price-to-Book (P/B) ratio in mrq is 4.21.
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 $1.00.
Shares Statistics:
A total of 85.32M shares are outstanding, with a floating share count of 80.18M. Insiders hold about 6.03% of the company’s shares, while institutions hold 45.48% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Rexford Industrial Realty, Inc. analysts. The consensus estimate for the next quarter is $2.03, with high estimates of $19.66 and low estimates of $1.41.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
