Are Analysts Too Bullish On Rekor Systems Inc (REKR)

Rekor Systems Inc (NASDAQ:REKR) currently has a daily average trading volume of 4.49M but it saw 1873044 shares traded in last market. With a market cap of 100.03M USD, the company’s current market price of $0.90 came rising about 0.20 while comparing to the previous closing price of $0.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.67 and as low as $0.62.

Taking a look at 20-day trading activity of Rekor Systems Inc (REKR) gives us an average price of $0.8839, while its current price level is -66.22% below from 52-week high level whereas it is 45.23% 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 $0.9719 while that of 200 days or SMA-200 reads an average of $1.2616. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.24% during that period while stretching the period over a month that increases to 10.11%. 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 46.51 which implies that the stock is in neutral territory.

Over the week, REKR’s stock price is moving -14.10% down while it is 18.33% when we observe its performance for the past one month. Year-to-date it is -42.19% down and over the past year, the stock is showing a downside performance of -53.27%.

Currently, Rekor Systems Inc’s total number of outstanding shares is 110.91M. Company’s return on investment (ROI) stands at -98.59% and return on equity (ROE) at -181.93%. Stock’s beta reads 2.28. Stock has a price to book (P/B) ratio of 2.76 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is -66.67% on average.