Rekor Systems Inc (NASDAQ: REKR) kicked off on Friday, down -7.30% from the previous trading day, before settling in for the closing price of $1.37. Over the past 52 weeks, REKR has traded in a range of $0.62-$2.67.
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During the last 5-year period, the sales growth of Technology Sector giant was 53.12%. While this was happening, its average annual earnings per share was recorded 66.67%. With a float of $112.08 million, this company’s outstanding shares have now reached $118.08 million.
Let’s determine the extent of company efficiency that accounts for 323 employees. In terms of profitability, gross margin is 49.79%, operating margin of -113.42%, and the pretax margin is -117.99%.
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 5.08%, while institutional ownership is 30.06%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 66.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 47.97% 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
Take a look at Rekor Systems Inc’s (REKR) current performance indicators. Last quarter, stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Rekor Systems Inc (REKR)
Looking closely at Rekor Systems Inc (NASDAQ: REKR), its last 5-days average volume was 3.93 million, which is a drop from its year-to-date volume of 6.13 million. As of the previous 9 days, the stock’s Stochastic %D was 32.66%. Additionally, its Average True Range was 0.14.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 31.71%, which indicates a significant decrease from 36.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 156.34% in the past 14 days, which was higher than the 125.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0293, while its 200-day Moving Average is $1.2153. However, in the short run, Rekor Systems Inc’s stock first resistance to watch stands at $1.3300. Second resistance stands at $1.3900. The third major resistance level sits at $1.4300. If the price goes on to break the first support level at $1.2300, it is likely to go to the next support level at $1.1900. Should the price break the second support level, the third support level stands at $1.1300.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
The company with the Market Capitalisation of 149.96 million has total of 118,076K Shares Outstanding. Its annual sales at the moment are 46,030 K in contrast with the sum of -61,410 K annual income. Company’s last quarter sales were recorded 9,200 K and last quarter income was -10,870 K.
