Rekor Systems Inc (REKR) volume exceeds 3.8 million: A new investment opportunity for investors

Zack King

Rekor Systems Inc (NASDAQ: REKR) kicked off on Monday, down -4.49% from the previous trading day, before settling in for the closing price of $1.56. Over the past 52 weeks, REKR has traded in a range of $0.62-$3.42.

It was noted that within the last five years, the titan of the Technology sector saw sales topped by 3.66%. While this was happening, its average annual earnings per share was recorded 69.01%. With a float of $131.45 million, this company’s outstanding shares have now reached $136.46 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 3.67%, while institutional ownership is 25.55%.

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 4.15.

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)

The latest stats from [Rekor Systems Inc, REKR] show that its last 5-days average volume of 2.6 million was inferior to 5.05 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.73%.

During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 19.92%, which indicates a significant increase from 2.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1031 in the past 14 days, which was lower than the 0.1507 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.0647, while its 200-day Moving Average is $1.4306. Now, the first resistance to watch is $1.5400. This is followed by the second major resistance level at $1.5900. The third major resistance level sits at $1.6200. If the price goes on to break the first support level at $1.4600, it is likely to go to the next support level at $1.4300. Assuming the price breaks the second support level, the third support level stands at $1.3800.

Rekor Systems Inc (NASDAQ: REKR) Key Stats

The company with the Market Capitalisation of 203.32 million has total of 126,690K 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 14,190 K and last quarter income was -4,150 K.

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