On Friday, Rekor Systems Inc (NASDAQ: REKR) opened higher 4.92% from the last session, before settling in for the closing price of $0.93. Price fluctuations for REKR have ranged from $0.62 to $2.67 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has jumped its sales by 54.68% annually for the last half of the decade. Company’s average yearly earnings per share was noted 69.01% at the time writing. With a float of $105.28 million, this company’s outstanding shares have now reached $110.91 million.
In an organization with 323 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.22%, operating margin of -118.02%, and the pretax margin is -133.32%.
Rekor Systems Inc (REKR) Insider and Institutional Ownership
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 5.08%, while institutional ownership is 44.57%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 69.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 56.12% during the next five years compared to 3.66% growth 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 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.71, 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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.97 million. That was inferior than the volume of 6.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.63%. Additionally, its Average True Range was 0.10.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 17.32%, which indicates a significant decrease from 86.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.18% in the past 14 days, which was lower than the 157.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.1109, while its 200-day Moving Average is $1.2976. However, in the short run, Rekor Systems Inc’s stock first resistance to watch stands at $1.0170. Second resistance stands at $1.0588. The third major resistance level sits at $1.0877. If the price goes on to break the first support level at $0.9463, it is likely to go to the next support level at $0.9174. The third support level lies at $0.8756 if the price breaches the second support level.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
There are currently 110,912K shares outstanding in the company with a market cap of 108.15 million. Presently, the company’s annual sales total 46,030 K according to its annual income of -61,410 K. Last quarter, the company’s sales amounted to 13,280 K and its income totaled -20,360 K.
