On Friday, Rekor Systems Inc (NASDAQ: REKR) was 0.83% up from the session before settling in for the closing price of $1.21. A 52-week range for REKR has been $1.10 – $3.99.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 33.79%. When this article was written, the company’s average yearly earnings per share was at 37.50%. With a float of $81.91 million, this company’s outstanding shares have now reached $88.50 million.
The extent of productivity of a business whose workforce counts for 351 workers is very important to gauge. In terms of profitability, gross margin is 40.46%, operating margin of -63.48%, and the pretax margin is -118.58%.
Rekor Systems Inc (REKR) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rekor Systems Inc stocks. The insider ownership of Rekor Systems Inc is 7.45%, while institutional ownership is 58.64%. The most recent insider transaction that took place on Jul 05 ’24, was worth 3,185,000. In this transaction 10% Owner of this company bought 2,275,000 shares at a rate of $1.40, taking the stock ownership to the 12,312,491 shares.
Rekor Systems Inc (REKR) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 37.50% per share during the next fiscal year.
Rekor Systems Inc (NASDAQ: REKR) Trading Performance Indicators
You can see what Rekor Systems Inc (REKR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.12 in one year’s time.
Technical Analysis of Rekor Systems Inc (REKR)
The latest stats from [Rekor Systems Inc, REKR] show that its last 5-days average volume of 0.89 million was inferior to 1.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 61.07%. Additionally, its Average True Range was 0.09.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 12.37%, which indicates a significant decrease from 41.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.66% in the past 14 days, which was lower than the 80.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5217, while its 200-day Moving Average is $2.1298. Now, the first resistance to watch is $1.2367. This is followed by the second major resistance level at $1.2533. The third major resistance level sits at $1.2717. If the price goes on to break the first support level at $1.2017, it is likely to go to the next support level at $1.1833. Assuming the price breaks the second support level, the third support level stands at $1.1667.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
There are 85,358K outstanding shares of the company, which has a market capitalization of 107.97 million. As of now, sales total 34,930 K while income totals -45,690 K. Its latest quarter income was 12,430 K while its last quarter net income were -9,790 K.
