At the time of writing, Rekor Systems Inc [REKR] stock is trading at $0.95, down -0.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The REKR shares have gain 16.17% over the last week, with a monthly amount drifted -10.76%, and not seem to be holding up well over a long-time horizon.
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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.
For the past year, the stock price of Rekor Systems Inc fluctuated between $0.81 and $3.92. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Rekor Systems Inc [NASDAQ: REKR] shares were valued at $0.95 at the most recent close of the market. An investor can expect a potential return of 215.79% based on the average REKR price forecast.
Analyzing the REKR fundamentals
According to Rekor Systems Inc [NASDAQ:REKR], the company’s sales were 43.82M for trailing twelve months, which represents an 15.65% jump. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.68%, Pretax Profit Margin comes in at -1.19%, and Net Profit Margin reading is -1.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -1.15 and Total Capital is -0.42. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
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 0.9100 points at the first support level, and at 0.8700 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0200, and for the 2nd resistance point, it is at 1.0900.
Ratios To Look Out For
It is important to note that Rekor Systems Inc [NASDAQ:REKR] has a current ratio of 0.76. Also, the Quick Ratio is 0.63, while the Cash Ratio stands at 0.35. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 2.15.
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.
