Rekor Systems Inc (NASDAQ: REKR) on Tuesday, soared 1.26% from the previous trading day, before settling in for the closing price of $1.59. Within the past 52 weeks, REKR’s price has moved between $1.28 and $4.15.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 33.79%. The company achieved an average annual earnings per share of 32.64%. With a float of $79.07 million, this company’s outstanding shares have now reached $85.36 million.
Rekor Systems Inc (REKR) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Rekor Systems Inc is 7.36%, while institutional ownership is 57.30%. The most recent insider transaction that took place on Aug 25 ’23, was worth 34,455. In this transaction Chief Executive Officer of this company bought 10,000 shares at a rate of $3.45, taking the stock ownership to the 1,135,219 shares. Before that another transaction happened on Aug 18 ’23, when Company’s 10% Owner bought 100,000 for $3.11, making the entire transaction worth $310,800. This insider now owns 9,647,491 shares in total.
Rekor Systems Inc (REKR) Recent Fiscal highlights
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.18 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.16) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.64% per share during the next fiscal year.
Rekor Systems Inc (NASDAQ: REKR) Trading Performance Indicators
Rekor Systems Inc (REKR) is currently performing well based on its current performance indicators. A quick ratio of 1.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.71, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.15 in one year’s time.
Technical Analysis of Rekor Systems Inc (REKR)
Compared to the last year’s volume of 1.32 million, its volume of 3.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 84.78%. Additionally, its Average True Range was 0.12.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 21.78%, which indicates a significant decrease from 78.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.05% in the past 14 days, which was lower than the 78.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6355, while its 200-day Moving Average is $2.4650. Nevertheless, the first resistance level for the watch stands at $1.6833 in the near term. At $1.7567, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8133. If the price goes on to break the first support level at $1.5533, it is likely to go to the next support level at $1.4967. Now, if the price goes above the second support level, the third support stands at $1.4233.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
Market capitalization of the company is 137.43 million based on 85,358K outstanding shares. Right now, sales total 34,930 K and income totals -45,690 K. The company made 9,780 K in profit during its latest quarter, and -18,610 K in sales during its previous quarter.
