A new trading day began on Monday, with Rekor Systems Inc (NASDAQ: REKR) stock price up 8.45% from the previous day of trading, before settling in for the closing price of $1.42. REKR’s price has ranged from $0.62 to $3.42 over the past 52 weeks.
A company in the Technology sector has jumped its sales by 3.66% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 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
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 3.67%, while institutional ownership is 25.55%.
Rekor Systems Inc (REKR) Performance Highlights and Predictions
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 4.29.
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 3.2 million. That was better than the volume of 2.96 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.28%.
During the past 100 days, Rekor Systems Inc’s (REKR) raw stochastic average was set at 21.99%, which indicates a significant decrease from 43.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0953 in the past 14 days, which was lower than the 0.1522 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9435, while its 200-day Moving Average is $1.4384. However, in the short run, Rekor Systems Inc’s stock first resistance to watch stands at $1.5900. Second resistance stands at $1.6400. The third major resistance level sits at $1.7100. If the price goes on to break the first support level at $1.4700, it is likely to go to the next support level at $1.4000. Assuming the price breaks the second support level, the third support level stands at $1.3500.
Rekor Systems Inc (NASDAQ: REKR) Key Stats
With a market capitalization of 210.14 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.
