On Monday, Rekor Systems Inc (NASDAQ: REKR) opened lower -5.69% from the last session, before settling in for the closing price of $1.23. Price fluctuations for REKR have ranged from $0.78 to $2.71 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 60.41% over the last five years. Company’s average yearly earnings per share was noted 23.61% at the time writing. With a float of $97.36 million, this company’s outstanding shares have now reached $105.40 million.
The firm has a total of 351 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of Rekor Systems Inc is 7.62%, while institutional ownership is 47.19%. 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) Recent Fiscal highlights
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 23.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.07% during the next five years compared to -10.32% drop over the previous five years of trading.
Rekor Systems Inc (NASDAQ: REKR) Trading Performance Indicators
Check out the current performance indicators for Rekor Systems Inc (REKR). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of Rekor Systems Inc (REKR)
Analysing the last 5-days average volume posted by the [Rekor Systems Inc, REKR], we can find that recorded value of 6.6 million was lower than the volume posted last year of 9.06 million. As of the previous 9 days, the stock’s Stochastic %D was 3.18%. Additionally, its Average True Range was 0.23.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 20.01%, which indicates a significant increase from 0.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.36% in the past 14 days, which was lower than the 151.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6853, while its 200-day Moving Average is $1.4181. Now, the first resistance to watch is $1.3167. This is followed by the second major resistance level at $1.4733. The third major resistance level sits at $1.5567. If the price goes on to break the first support level at $1.0767, it is likely to go to the next support level at $0.9933. Now, if the price goes above the second support level, the third support stands at $0.8367.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
There are currently 93,825K shares outstanding in the company with a market cap of 122.26 million. Presently, the company’s annual sales total 34,930 K according to its annual income of -45,690 K. Last quarter, the company’s sales amounted to 10,550 K and its income totaled -12,650 K.
