Rekor Systems Inc [NASDAQ: REKR] closed the trading session at $1.44.
The stocks have a year to date performance of -7.69 percent and weekly performance of 20.00 percent. The stock has been moved at 49.84 percent over the last six months. The stock has performed 39.81 percent around the most recent 30 days and changed 22.03 percent over the most recent 3-months.
If compared to the average trading volume of 3.79M shares, REKR reached to a volume of 41217568 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 $3.25 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 0.13, with the Price to Sales ratio for REKR stock in the period of the last 12 months amounting to 3.74. The Price to Book ratio for the last quarter was 4.79, with the Price to Cash per share for the same quarter was set at 0.04.
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 20.00. With this latest performance, REKR shares gained by 39.81% in over the last four-week period, additionally plugging by 49.84% over the last 6 months – not to mention a drop of -15.29% 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 71.18, with the RSI for the last a single of trading hit 76.25, and the three-weeks RSI is set at 65.74 for Rekor Systems Inc [REKR]. The present Moving Average for the last 50 days of trading for this stock 0.9594, while it was recorded at 1.2000 for the last single week of trading, and 1.2126 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 0.93 and a Current Ratio set at 1.18.
Earnings per share (EPS) analysis for Rekor Systems Inc [REKR] stock
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rekor Systems Inc go to 47.97%.
Rekor Systems Inc [REKR]: Institutional Ownership
The top three institutional holders of REKR stocks are: ARCTIS GLOBAL LLC with ownership of 10.04 million shares, which is approximately 11.8182%. 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 4.7734%.
