Rekor Systems Inc (NASDAQ: REKR) Recovers 16.42% From 52-Week Low, Is REKR Still A High-Risk, High-Reward Play?

Rekor Systems Inc (NASDAQ:REKR) currently has a daily average trading volume of 1.25M but it saw 934007 shares traded in last market. With a market cap of 123.90M USD, the company’s current market price of $1.40 came rising about 6.87 while comparing to the previous closing price of $1.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.15 and as low as $1.20. In the recent trading on the day, stock has struck highest price mark of $1.31 while lowest mark touched by it was $1.4.

Taking a look at 20-day trading activity of Rekor Systems Inc (REKR) gives us an average price of $1.5367, while its current price level is -66.27% below from 52-week high level whereas it is 16.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.6087 while that of 200 days or SMA-200 reads an average of $2.2524. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.70% during that period while stretching the period over a month that decreases to 8.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.95 which implies that the stock is in neutral territory.

Over the week, REKR’s stock price is moving 0.72% up while it is -24.32% when we observe its performance for the past one month. Year-to-date it is -57.96% down and over the past year, the stock is showing a downside performance of -59.18%.

Currently, Rekor Systems Inc’s total number of outstanding shares is 88.50M. Company’s return on investment (ROI) stands at -64.65% and return on equity (ROE) at -109.72%. Stock’s beta reads 1.97. Stock has a price to book (P/B) ratio of 2.62 while price to sale or P/S ratio amounts to 2.92. Its return on asset (ROA) is -53.16% on average.