Rekor Systems Inc. [REKR] Is Currently 22.47 above its 200 Period Moving Avg: What Dose This Mean?

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Rekor Systems Inc. [NASDAQ: REKR] stock went on an upward path that rose over 22.47% on Wednesday, amounting to a one-week price increase of more than 20.47%. The company report on January 19, 2021 that Rekor Systems Robert A. Berman Featured at NobleCon17.

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Company’s Chief Executive Officer to present on Tuesday, January 19, 2021.

Rekor (NASDAQ:REKR) (“Rekor”), a Maryland-based company providing real-time roadway intelligence through AI-driven decisions, announced that its President and Chief Executive Officer, Robert A. Berman, will present at NobleCon17 – Noble Capital Markets’ Seventeenth Annual Small and Microcap Investor Conference on Tuesday, January 19, 2021, at 2:15pm Eastern Standard Time. A live Q&A session will follow.

Over the last 12 months, REKR stock rose by 214.26%. The one-year Rekor Systems Inc. stock forecast points to a potential downside of -5.5.

The market cap for the stock reached $520.49 million, with 26.91 million shares outstanding and 23.35 million shares in the current float. Compared to the average trading volume of 590.81K shares, REKR stock reached a trading volume of 1675001 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Rekor Systems Inc. [REKR]:

The Average True Range (ATR) for Rekor Systems Inc. is set at 1.23, with the Price to Sales ratio for REKR stock in the period of the last 12 months amounting to 48.19. The Price to Book ratio for the last quarter was 14.07, with the Price to Cash per share for the same quarter was set at 0.69.

REKR Stock Performance Analysis:

Rekor Systems Inc. [REKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.47. With this latest performance, REKR shares gained by 97.20% in over the last four-week period, additionally plugging by 288.68% over the last 6 months – not to mention a rise of 214.26% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for REKR stock in for the last two-week period is set at 74.48, with the RSI for the last a single of trading hit 75.17, and the three-weeks RSI is set at 73.75 for Rekor Systems Inc. [REKR]. The present Moving Average for the last 50 days of trading for this stock 8.20, while it was recorded at 12.76 for the last single week of trading, and 5.43 for the last 200 days.

Insight into Rekor Systems Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Rekor Systems Inc. [REKR] shares currently have an operating margin of -39.01 and a Gross Margin at +46.35. Rekor Systems Inc.’s Net Margin is presently recorded at -74.60.

Return on Total Capital for REKR is now -44.80, given the latest momentum, and Return on Invested Capital for the company is -105.51. Return on Equity for this stock declined to -546.24, with Return on Assets sitting at -61.27. Additionally, REKR Total Debt to Total Capital is recorded at 116.12, with Total Debt to Total Assets ending up at 80.27.

Reflecting on the efficiency of the workforce at the company, Rekor Systems Inc. [REKR] managed to generate an average of -$30,534 per employee. Receivables Turnover for the company is 3.83 with a Total Asset Turnover recorded at a value of 0.82.Rekor Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.50 and a Current Ratio set at 4.70.

REKR Stock EPS

With the latest financial reports released by the company, Rekor Systems Inc. posted -0.2/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -600.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for REKR.

Rekor Systems Inc. [REKR] Insider Position Details

There are presently around $56 million, or 18.70% of REKR stock, in the hands of institutional investors. The top three institutional holders of REKR stocks are: MANATUCK HILL PARTNERS, LLC with ownership of 973,700, which is approximately New of the company’s market cap and around 5.80% of the total institutional ownership; VANGUARD GROUP INC, holding 694,071 shares of the stock with an approximate value of $10.25 million in REKR stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $6.14 million in REKR stock with ownership of nearly 2095.743% of the company’s market capitalization.

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Positions in Rekor Systems Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 37 institutional holders increased their position in Rekor Systems Inc. [NASDAQ:REKR] by around 2,926,765 shares. Additionally, 5 investors decreased positions by around 35,822 shares, while 1 investors held positions by with 844,975 shares. The mentioned changes placed institutional holdings at 3,807,562 shares, according to the latest SEC report filing. REKR stock had 27 new institutional investments in for a total of 1,900,340 shares, while 4 institutional investors sold positions of 29,061 shares during the same period.

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