Trading Day Review: Rekor Systems Inc (REKR) Closing at $1.08 on Monday

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.07 million shares were traded. REKR stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $1.05.

Ratios:

We take a closer look at REKR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.77.

On February 11, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $24.

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 136440720 and an Enterprise Value of 161225440. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 3.73. Its current Enterprise Value per Revenue stands at 3.553 whereas that against EBITDA is -5.284.

Stock Price History:

The Beta on a monthly basis for REKR is 2.03, which has changed by -0.17557251 over the last 52 weeks, in comparison to a change of 0.15222645 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 $0.62. The 50-Day Moving Average of the stock is -10.96%, while the 200-Day Moving Average is calculated to be -11.63%.

Shares Statistics:

According to the various share statistics, REKR traded on average about 4.11M shares per day over the past 3-months and 1996350 shares per day over the past 10 days. A total of 122.24M shares are outstanding, with a floating share count of 119.92M. Insiders hold about 5.08% of the company’s shares, while institutions hold 24.54% stake in the company. Shares short for REKR as of 1753920000 were 13524748 with a Short Ratio of 3.29, compared to 1751241600 on 13475527. Therefore, it implies a Short% of Shares Outstanding of 13524748 and a Short% of Float of 12.97.

Earnings Estimates

The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.22 and -$0.22 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.04, with 1.0 analysts recommending between -$0.04 and -$0.04.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $12.85M. It ranges from a high estimate of $14M to a low estimate of $11.7M. As of the current estimate, Rekor Systems Inc’s year-ago sales were $10.55MFor the next quarter, 2 analysts are estimating revenue of $14.71M. There is a high estimate of $15.81M for the next quarter, whereas the lowest estimate is $13.6M.

A total of 2 analysts have provided revenue estimates for REKR’s current fiscal year. The highest revenue estimate was $51.37M, while the lowest revenue estimate was $46.9M, resulting in an average revenue estimate of $49.14M. In the same quarter a year ago, actual revenue was $46.03MBased on 2 analysts’ estimates, the company’s revenue will be $59.23M in the next fiscal year. The high estimate is $69.27M and the low estimate is $49.2M.

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