Rekor Systems Inc (NASDAQ: REKR) kicked off on Monday, down -9.81% from the previous trading day, before settling in for the closing price of $2.14. Over the past 52 weeks, REKR has traded in a range of $0.62-$3.42.
A company in the Technology sector has jumped its sales by 3.66% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 69.01%. With a float of $122.16 million, this company’s outstanding shares have now reached $126.69 million.
Rekor Systems Inc (REKR) Insider Updates
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 3.57%, while institutional ownership is 25.51%.
Rekor Systems Inc (REKR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -0.08 earnings per share (EPS), higher than consensus estimate (set at -0.08) by -0. 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 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
Take a look at Rekor Systems Inc’s (REKR) current performance indicators. Last quarter, stock had a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.08 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 4.99 million. That was inferior than the volume of 5.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.11%.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 38.17%, which indicates a significant increase from 5.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.19 in the past 14 days, which was higher than the 0.14 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.08, while its 200-day Moving Average is $1.42. However, in the short run, Rekor Systems Inc’s stock first resistance to watch stands at $2.09. Second resistance stands at $2.25. The third major resistance level sits at $2.36. If the price goes on to break the first support level at $1.83, it is likely to go to the next support level at $1.72. Assuming the price breaks the second support level, the third support level stands at $1.56.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
The company with the Market Capitalisation of 244.51 million has total of 126,334K 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 12,360 K and last quarter income was -8,660 K.
