For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.78 in the prior trading day, Rekor Systems Inc (NASDAQ: REKR) closed at $0.70, down -10.24%. In other words, the price has decreased by -$10.24 from its previous closing price. On the day, 6.92 million shares were traded. REKR stock price reached its highest trading level at $0.7467 during the session, while it also had its lowest trading level at $0.65.
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 0.86 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:
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 77649488 and an Enterprise Value of 105072640. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 2.283 whereas that against EBITDA is -3.084.
Stock Price History:
The Beta on a monthly basis for REKR is 2.26, which has changed by -0.6995708 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, REKR has reached a high of $2.67, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -52.02%, while the 200-Day Moving Average is calculated to be -48.17%.
Shares Statistics:
The stock has traded on average 7.05M shares per day over the past 3-months and 4696450 shares per day over the last 10 days, according to various share statistics. A total of 110.91M shares are outstanding, with a floating share count of 105.28M. Insiders hold about 5.15% of the company’s shares, while institutions hold 44.58% stake in the company. Shares short for REKR as of 1741910400 were 18586637 with a Short Ratio of 2.64, compared to 1739491200 on 18027319. Therefore, it implies a Short% of Shares Outstanding of 18586637 and a Short% of Float of 20.0.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
