A new trading day began on Tuesday, with Rekor Systems Inc (NASDAQ: REKR) stock price up 5.41% from the previous day of trading, before settling in for the closing price of $1.85. REKR’s price has ranged from $0.62 to $3.42 over the past 52 weeks.
During the last 5-year period, the sales growth of Technology Sector giant was 3.66%. Meanwhile, its annual earnings per share averaged 69.01%. With a float of $122.02 million, this company’s outstanding shares have now reached $126.69 million.
Rekor Systems Inc (REKR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Rekor Systems Inc is 3.68%, while institutional ownership is 27.52%.
Rekor Systems Inc (REKR) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Rekor Systems Inc’s current performance indicators. According to the last quarter’s results, the 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 5.04.
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)
Looking closely at Rekor Systems Inc (NASDAQ: REKR), its last 5-days average volume was 2.01 million, which is a drop from its year-to-date volume of 5.16 million. As of the previous 9 days, the stock’s Stochastic %D was 82.85%.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 39.00%, which indicates a significant decrease from 78.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1199 in the past 14 days, which was lower than the 0.1478 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1602, while its 200-day Moving Average is $1.4008. However, in the short run, Rekor Systems Inc’s stock first resistance to watch stands at $1.9917. Second resistance stands at $2.0333. The third major resistance level sits at $2.1167. If the price goes on to break the first support level at $1.8667, it is likely to go to the next support level at $1.7833. Should the price break the second support level, the third support level stands at $1.7417.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
With a market capitalization of 247.05 million, the company has a total of 126,690K Shares Outstanding. Currently, annual sales are 46,030 K while annual income is -61,410 K. The company’s previous quarter sales were 14,190 K while its latest quarter income was -4,150 K.
