Rekor Systems Inc (NASDAQ: REKR) Increases 79.44% Over A Month, But Analysts Still See Upside Potential

Rekor Systems Inc (NASDAQ:REKR) currently has a daily average trading volume of 3.73M but it saw 11754361 shares traded in last market. With a market cap of 152.94M USD, the company’s current market price of $1.63 came falling about -28.51 while comparing to the previous closing price of $2.28. 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 $1.61 while lowest mark touched by it was $2.0.

Taking a look at 20-day trading activity of Rekor Systems Inc (REKR) gives us an average price of $1.25, while its current price level is -58.42% below from 52-week high level whereas it is 108.36% 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 $1.10 while that of 200 days or SMA-200 reads an average of $1.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.39% during that period while stretching the period over a month that decreases to 17.05%. 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 56.36 which implies that the stock is in neutral territory.

Over the week, REKR’s stock price is moving 4.49% up while it is 79.44% when we observe its performance for the past one month. Year-to-date it is 4.49% up and over the past year, the stock is showing a downside performance of -55.10%.

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 1.71. Stock has a price to book (P/B) ratio of 3.68 while price to sale or P/S ratio amounts to 3.49. Its return on asset (ROA) is -55.32% on average.