Rekor Systems Inc [NASDAQ: REKR] slipped around -0.03 points on Tuesday, while shares priced at $1.57 at the close of the session, down -1.87%.
Compared to the average trading volume of 4.56M shares, REKR reached a trading volume of 14863609 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 0.28, with the Price to Sales ratio for REKR stock in the period of the last 12 months amounting to 3.36. The Price to Book ratio for the last quarter was 3.54, with the Price to Cash per share for the same quarter was set at 0.12.
How has REKR stock performed recently?
Rekor Systems Inc [REKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.67. With this latest performance, REKR shares gained by 89.18% in over the last four-week period, additionally sinking by -6.55% over the last 6 months – not to mention a drop of -54.62% 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 53.71, with the RSI for the last a single of trading hit 51.53, and the three-weeks RSI is set at 54.51 for Rekor Systems Inc [REKR]. The present Moving Average for the last 50 days of trading for this stock 1.1697, while it was recorded at 1.5370 for the last single week of trading, and 1.4249 for the last 200 days.
Rekor Systems Inc [REKR]: Deeper insight into the 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.
Insider trade positions for Rekor Systems Inc [REKR]
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%.
