Rekor Systems Inc [NASDAQ: REKR] closed the trading session at $1.86.
The stocks have a year to date performance of -44.14 percent and weekly performance of 126.72 percent. The stock has been moved at 16.98 percent over the last six months. The stock has performed 93.55 percent around the most recent 30 days and changed 57.63 percent over the most recent 3-months.
If compared to the average trading volume of 1.35M shares, REKR reached to a volume of 73038357 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Rekor Systems Inc [REKR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for REKR shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on REKR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for Rekor Systems Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 04, 2024. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on February 11, 2021, representing the official price target for Rekor Systems Inc stock.
The Average True Range (ATR) for Rekor Systems Inc is set at 0.16, with the Price to Sales ratio for REKR stock in the period of the last 12 months amounting to 5.08. The Price to Book ratio for the last quarter was 4.19, with the Price to Cash per share for the same quarter was set at 0.09.
REKR stock trade performance evaluation
Rekor Systems Inc [REKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 126.72. With this latest performance, REKR shares gained by 93.55% in over the last four-week period, additionally plugging by 16.98% over the last 6 months – not to mention a drop of -42.94% 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 85.74, with the RSI for the last a single of trading hit 92.43, and the three-weeks RSI is set at 79.43 for Rekor Systems Inc [REKR]. The present Moving Average for the last 50 days of trading for this stock 1.0064, while it was recorded at 1.1891 for the last single week of trading, and 1.4504 for the last 200 days.
Rekor Systems Inc [REKR]: An insightful look at the core fundamentals
Rekor Systems Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.63 and a Current Ratio set at 0.76.
Rekor Systems Inc [REKR]: Institutional Ownership
There are presently around $50.95%, or 54.29%% of REKR stock, in the hands of institutional investors. The top three institutional holders of REKR stocks are: ARCTIS GLOBAL LLC with ownership of 10.04 million shares, which is approximately 12.6165%. BLACKROCK INC., holding 4.36 million shares of the stock with an approximate value of $$6.76 million in REKR stocks shares; and BLACKROCK INC., currently with $$6.28 million in REKR stock with ownership which is approximately 5.0958%.
