Rekor Systems Inc [NASDAQ: REKR] price surged by 23.08 percent to reach at $0.6.
A sum of 24934710 shares traded at recent session while its average daily volume was at 4.16M shares. Rekor Systems Inc shares reached a high of $3.246 and dropped to a low of $2.53 until finishing in the latest session at $3.2.
The one-year REKR stock forecast points to a potential upside of 1.54. The average equity rating for REKR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 Price to Book ratio for the last quarter was 11.05, with the Price to Cash per share for the same quarter was set at 0.04.
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 57.64. With this latest performance, REKR shares gained by 96.32% in over the last four-week period, additionally plugging by 283.46% over the last 6 months – not to mention a rise of 105.13% 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 86.30, with the RSI for the last a single of trading hit 0.33, and the three-weeks RSI is set at 0.23 for Rekor Systems Inc [REKR]. The present Moving Average for the last 50 days of trading for this stock 1.52, while it was recorded at 2.60 for the last single week of trading, and 1.35 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 -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.
REKR Stock EPS
With the latest financial reports released by the company, Rekor Systems Inc posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.08. 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] Institutonal Ownership Details
There are presently around $34.27%, or 35.49%% 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%.
