Rekor Systems Inc [REKR] stock prices are down -1.43% to $1.38 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The REKR shares have gain 7.81% over the last week, with a monthly amount drifted -20.69%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Previously, Northland Capital started tracking the stock with Outperform rating on February 11, 2021, and set its price target to $24.
The stock price of Rekor Systems Inc [REKR] has been fluctuating between $1.20 and $4.15 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Rekor Systems Inc [NASDAQ: REKR] shares were valued at $1.38 at the most recent close of the market. An investor can expect a potential return of 117.39% based on the average REKR price forecast.
Analyzing the REKR fundamentals
The Rekor Systems Inc [NASDAQ:REKR] reported sales of 42.39M for trailing twelve months, representing a surge of 45.12%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.63%, Pretax Profit Margin comes in at -1.19%, and Net Profit Margin reading is -1.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.49, Equity is -1.09 and Total Capital is -0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3400 points at the first support level, and at 1.3000 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4300, and for the 2nd resistance point, it is at 1.4800.
Ratios To Look Out For
It’s worth pointing out that Rekor Systems Inc [NASDAQ:REKR]’s Current Ratio is 0.84. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 2.88, the price to book ratio is 2.58.
Transactions by insiders
Recent insider trading involved Arctis Global LLC, 10% Owner, that happened on Jul 05 ’24 when 2.27 million shares were purchased. Chief Executive Officer, BERMAN ROBERT ALAN completed a deal on Aug 25 ’23 to buy 10000.0 shares.
