The stock has a 36-month beta value of 1.86. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for REKR is 85.77M, and at present, short sellers hold a 17.20% of that float. On December 13, 2024, the average trading volume of REKR was 936.17K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
REKR) stock’s latest price update
Rekor Systems Inc (NASDAQ: REKR)’s stock price has dropped by -0.81 in relation to previous closing price of 0.84. Nevertheless, the company has seen a loss of -8.28% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Rekor Systems, Inc. (NASDAQ:REKR ) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants David Desharnais – President and CEO Eyal Hen – CFO Conference Call Participants Mike Lattimore – Northland Capital Markets Louie DiPalma – William Blair Operator Good afternoon, ladies and gentlemen, and welcome to today’s Rekor Systems, Inc. Conference Call. My name is Kevin, and I will be your coordinator for today.
REKR’s Market Performance
Rekor Systems Inc (REKR) has seen a -8.28% fall in stock performance for the week, with a -26.91% decline in the past month and a -28.17% plunge in the past quarter. The volatility ratio for the week is 8.26%, and the volatility levels for the past 30 days are at 9.32% for REKR. The simple moving average for the past 20 days is -6.96% for REKR’s stock, with a -44.93% simple moving average for the past 200 days.
Analysts’ Opinion of REKR
Northland Capital, on the other hand, stated in their research note that they expect to see REKR reach a price target of $24. The rating they have provided for REKR stocks is “Outperform” according to the report published on February 11th, 2021.
REKR Trading at -18.90% from the 50-Day Moving Average
After a stumble in the market that brought REKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.74% of loss for the given period.
Volatility was left at 9.32%, however, over the last 30 days, the volatility rate increased by 8.26%, as shares sank -23.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.26% lower at present.
During the last 5 trading sessions, REKR fell by -8.67%, which changed the moving average for the period of 200-days by -65.14% in comparison to the 20-day moving average, which settled at $0.8954. In addition, Rekor Systems Inc saw -74.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at REKR starting from Arctis Global LLC, who purchase 2,275,000 shares at the price of $1.40 back on Jul 05 ’24. After this action, Arctis Global LLC now owns 12,312,491 shares of Rekor Systems Inc, valued at $3,185,000 using the latest closing price.
Stock Fundamentals for REKR
Current profitability levels for the company are sitting at:
- -0.68 for the present operating margin
- 0.44 for the gross margin
The net margin for Rekor Systems Inc stands at -1.15. The total capital return value is set at -0.42. Equity return is now at value -124.84, with -55.32 for asset returns.
Based on Rekor Systems Inc (REKR), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -1.78. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is -9.62.
Currently, EBITDA for the company is -34.12 million with net debt to EBITDA at -0.52. When we switch over and look at the enterprise to sales, we see a ratio of 2.26. The receivables turnover for the company is 6.2for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
Conclusion
To sum up, Rekor Systems Inc (REKR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
