For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Rekor Systems Inc (NASDAQ: REKR) closed at $2.28 in the last session, down -5.39% from day before closing price of $2.41. In other words, the price has decreased by -$5.39 from its previous closing price. On the day, 10.55 million shares were traded. REKR stock price reached its highest trading level at $2.36 during the session, while it also had its lowest trading level at $2.04.
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 0.63 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.70.
On February 11, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 213921680 and an Enterprise Value of 125454760. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 5.14. Its current Enterprise Value per Revenue stands at 2.96 whereas that against EBITDA is -3.764.
Stock Price History:
Over the past 52 weeks, REKR has reached a high of $3.92, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is 109.25%, while the 200-Day Moving Average is calculated to be 57.46%.
Shares Statistics:
According to the various share statistics, REKR traded on average about 3.58M shares per day over the past 3-months and 17363340 shares per day over the past 10 days. A total of 90.96M shares are outstanding, with a floating share count of 86.63M. Insiders hold about 7.67% of the company’s shares, while institutions hold 53.93% stake in the company. Shares short for REKR as of 1730332800 were 15610014 with a Short Ratio of 4.08, compared to 1727654400 on 14732225. Therefore, it implies a Short% of Shares Outstanding of 15610014 and a Short% of Float of 20.53.
