Rekor Systems Inc [NASDAQ: REKR] loss -2.23% on the last trading session, reaching $1.75 price per share at the time.
Rekor Systems Inc represents 122.24 million in outstanding shares, while the company has a total market value of $221.09 million with the latest information. REKR stock price has been found in the range of $1.6202 to $1.76.
If compared to the average trading volume of 2.93M shares, REKR reached a trading volume of 4268170 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $3.12 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 Price to Book ratio for the last quarter was 6.04, with the Price to Cash per share for the same quarter was set at 0.04.
Trading performance analysis for REKR stock
Rekor Systems Inc [REKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.36. With this latest performance, REKR shares gained by 48.31% in over the last four-week period, additionally plugging by 73.27% over the last 6 months – not to mention a rise of 12.18% 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 71.04, with the RSI for the last a single of trading hit 0.1378, and the three-weeks RSI is set at 0.1109 for Rekor Systems Inc [REKR]. The present Moving Average for the last 50 days of trading for this stock 1.2500, while it was recorded at 1.8080 for the last single week of trading, and 1.2626 for the last 200 days.
Rekor Systems Inc [REKR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Rekor Systems Inc [REKR] shares currently have an operating margin of -85.92% and a Gross Margin at 31.20%. Rekor Systems Inc’s Net Margin is presently recorded at -115.76%.
Rekor Systems Inc (REKR) Capital Structure & Debt Analysis
According to recent financial data for Rekor Systems Inc. ( REKR), the Return on Equity (ROE) stands at -128.83%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -59.04%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Rekor Systems Inc’s Return on Invested Capital (ROIC) is -83.61%, showcasing its effectiveness in deploying capital for earnings.
Rekor Systems Inc (REKR) Efficiency & Liquidity Metrics
Based on Rekor Systems Inc’s (REKR) latest financial statements, the Debt-to-Equity Ratio is 0.85%, indicating its reliance on debt financing relative to shareholder equity.
Rekor Systems Inc (REKR) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Rekor Systems Inc. (REKR) effectively leverages its workforce, generating an average of -$162631.58 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.40% and a Quick Ratio of 1.10%, indicating strong ability to cover short-term liabilities.
Rekor Systems Inc [REKR]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Rekor Systems Inc [REKR]
There are presently around $34.52%, or 35.75%% 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 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%.
