Rekor Systems Inc [REKR] stock is trading at $1.08, up 2.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The REKR shares have gain 5.88% over the last week, with a monthly amount glided 38.28%, and seem to be holding up well over a long-time horizon.
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.
Rekor Systems Inc [REKR] stock has fluctuated between $0.62 and $2.67 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 $1.08 at the most recent close of the market. An investor can expect a potential return of 177.78% based on the average REKR price forecast.
Analyzing the REKR fundamentals
Rekor Systems Inc [NASDAQ:REKR] reported sales of 45.45M for the trailing twelve months, which represents a drop of -5.93%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at -1.13%, Pretax Profit Margin comes in at -1.18%, and Net Profit Margin reading is -1.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.9, Equity is -1.39 and Total Capital is -1.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Rekor Systems Inc’s Current Ratio is 1.18. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 2.81, the price to book ratio is 3.59.
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.
