Rekor Systems Inc (NASDAQ: REKR) Emerges As Guiding Light For Investors

Rekor Systems Inc (NASDAQ:REKR) currently has a daily average trading volume of 995.40K but it saw 5927162 shares traded in last market. With a market cap of 95.70M USD, the company’s current market price of $1.02 came rising about 14.61 while comparing to the previous closing price of $0.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.92 and as low as $0.78. In the recent trading on the day, stock has struck highest price mark of $0.8464 while lowest mark touched by it was $1.02.

Taking a look at 20-day trading activity of Rekor Systems Inc (REKR) gives us an average price of $0.8699, while its current price level is -73.98% below from 52-week high level whereas it is 30.38% 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 $0.9890 while that of 200 days or SMA-200 reads an average of $1.4556. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.10% during that period while stretching the period over a month that decreases to 9.09%. 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 60.86 which implies that the stock is in neutral territory.

Over the week, REKR’s stock price is moving 19.83% up while it is 6.82% when we observe its performance for the past one month. Year-to-date it is -69.37% down and over the past year, the stock is showing a downside performance of -66.88%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of -0.08 while estimate for next year EPS is -0.55. In next quarter, company is expected to be making quarterly sales of $14.14M as analysts are expecting the sales for current fiscal year at $45.69M and seeing the company making $64.46M in sales next year. Moreover, analysts are in estimates of $12.91M for current-quarter revenue.

Currently, Rekor Systems Inc’s total number of outstanding shares is 90.96M. Company’s return on investment (ROI) stands at -76.20% and return on equity (ROE) at -124.84%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 2.30 while price to sale or P/S ratio amounts to 2.18. Its return on asset (ROA) is -55.32% on average.