Rekor Systems Inc (NASDAQ: REKR) kicked off on Monday, down -8.40% from the previous trading day, before settling in for the closing price of $0.97. Over the past 52 weeks, REKR has traded in a range of $0.81-$3.92.
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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%. While this was happening, its average annual earnings per share was recorded 24.31%. With a float of $86.88 million, this company’s outstanding shares have now reached $90.96 million.
Considering the fact that the conglomerate employs 351 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.14%, operating margin of -68.37%, and the pretax margin is -119.47%.
Rekor Systems Inc (REKR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Rekor Systems Inc is 7.40%, while institutional ownership is 53.87%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.16 earnings per share (EPS), lower than consensus estimate (set at -0.1) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.31% per share during the next fiscal year.
Rekor Systems Inc (NASDAQ: REKR) Trading Performance Indicators
Take a look at Rekor Systems Inc’s (REKR) current performance indicators. Last quarter, stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.17 in one year’s time.
Technical Analysis of Rekor Systems Inc (REKR)
Compared to the last year’s volume of 1.16 million, its volume of 0.94 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.24%. Additionally, its Average True Range was 0.08.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 6.63%, which indicates a significant decrease from 20.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 109.19% in the past 14 days, which was higher than the 71.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0864, while its 200-day Moving Average is $1.5802. Nevertheless, the first resistance level for the watch stands at $0.9684 in the near term. At $1.0468, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0940. If the price goes on to break the first support level at $0.8428, it is likely to go to the next support level at $0.7956. Should the price break the second support level, the third support level stands at $0.7172.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
The company with the Market Capitalisation of 83.50 million has total of 93,825K Shares Outstanding. Its annual sales at the moment are 34,930 K in contrast with the sum of -45,690 K annual income. Company’s last quarter sales were recorded 10,550 K and last quarter income was -12,650 K.
