On Monday, Rekor Systems Inc (NASDAQ: REKR) was -1.49% drop from the session before settling in for the closing price of $0.90. A 52-week range for REKR has been $0.78 – $2.67.
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Technology Sector giant saw their annual sales surged by 60.41% over the last five years. When this article was written, the company’s average yearly earnings per share was at 60.56%. With a float of $99.97 million, this company’s outstanding shares have now reached $105.40 million.
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
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 5.15%, while institutional ownership is 46.96%. 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 -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.80% 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
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 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.65, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.14 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 3.96 million was lower than the volume posted last year of 7.28 million. As of the previous 9 days, the stock’s Stochastic %D was 11.24%. Additionally, its Average True Range was 0.13.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 5.53%, which indicates a significant decrease from 17.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.98% in the past 14 days, which was lower than the 155.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5401, while its 200-day Moving Average is $1.3640. Now, the first resistance to watch is $0.9348. This is followed by the second major resistance level at $0.9828. The third major resistance level sits at $1.0394. If the price goes on to break the first support level at $0.8302, it is likely to go to the next support level at $0.7736. Now, if the price goes above the second support level, the third support stands at $0.7256.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
There are 93,825K outstanding shares of the company, which has a market capitalization of 93.46 million. As of now, sales total 34,930 K while income totals -45,690 K. Its latest quarter income was 10,550 K while its last quarter net income were -12,650 K.
