Rekor Systems, Inc. (REKR) Stock: Here’s What’s Happening

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Rekor Systems, Inc. (REKR) is trending up in the market today. The company, focused on the technology industry, is currently priced at $1.26 after gaining 14.55% so far today. When it comes to tech companies, there are a number of aspects that have the potential to cause movement in the market. News is one of the most common reasons for movement. Here are the recent trending headlines surrounding REKR:

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Jun-11-19 08:30AM Rekor Systems Selected by Northern California Law Enforcement Agency to Deploy Mobile LPR-2 Vehicle Recognition Systems
Jun-10-19 08:30AM Rekor Applauds New York State Assembly for Bill to Enforce ‘Move Over’ Violations and Protect Safety of Law Enforcement and Roadside Workers
Jun-03-19 08:30AM Rekor Systems Announces Contract to Deploy Mobile LPR-2 Vehicle Recognition Systems
May-30-19 08:30AM Rekor Systems Begins Taking Pre-Orders for Rekor Edge (TM) Vehicle Recognition System
May-29-19 08:30AM Rekor Systems Launches Numerus(TM) For Electronic Tolling Industry

Nonetheless, when making an investing decision, prospective investors should look at much more than just news, especially in the ever changing tech industry. Here’s what’s happening with Rekor Systems, Inc..

The Performance That We’ve Seen From REKR

Although a move toward the top in a single session, like what we’re seeing from Rekor Systems, Inc. might make some investors excited, a single session gain by itself shouldn’t be the reason for a decision to, or not to, invest in a company. It is generally a good idea to look into trends beyond a single trading day. In the case of REKR, here are the trends that we have seen:

  • Past 5 Sessions – Throughout the last week, REKR has generated a change in price amounting to 17.02%.
  • Monthly – The monthly ROI from Rekor Systems, Inc. has been 39.24%.
  • Quarterly – Over the last three months, the stock has produced a return that works out to 59.35%
  • Past 6 Months – Throughout the past six months, we have seen a performance of 96.43% from the company.
  • This Year So Far – Since the close of last year REKR has resulted in a return on investment of 69.23%.
  • Full Year – Finally, over the last full year, investors have seen movement amounting to -42.25% out of REKR. Over this period, the stock has sold at a high price of -64.00% and a low price of 191.60%.

Rations That You Should Consider

Digging into various ratios associated with a company generally gives traders an understanding of how dangerous and/or potentially profitable a pick may be. Here are some of the most important ratios to think about when digging into REKR.

Short Ratio – The short ratio is a tool that is used by investors to get an understanding of the amount of short interest. As the short ratio heads up, it shows that more investors are expecting that the stock is headed for declines. Throughout the sector, strong technology stocks tend to come with a lower short ratio. However, we also see quite a few short squeezes in the sector. Nonetheless, when it comes to Rekor Systems, Inc., it’s short ratio is 0.22.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure whether or not a company can pay for its debts when they come due using quick assets or current assets. In the technology industry, companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, these ratios can seem damning. However, some gems in the tech sector do have positive quick and current ratios. When it comes to REKR, the quick and current ratios work out to 1.60 and 1.60 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price. In this case, the book to share value ratio works out to 0.08.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of the company’s stock. As it relates to REKR, the cash to share value ratio works out to 0.27.

What Are Big Money Players Doing With Rekor Systems, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in REKR, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions own 4.60% of Rekor Systems, Inc.. On the other hand, it is important to consider that institutional ownership has changed in the amount of -11.78% over the past 3 months.
  • Insiders – When it comes to insiders, those close to the situation currently hold 22.70% of Rekor Systems, Inc.. Their ownership of the company has seen a move of 0 over the past 3 months.

How Analysts Feel About Rekor Systems, Inc.

While it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a smart idea to use their analysis when validating your own when it comes to making an investment decision in the tech industry. Here are the recent moves that we have seen from analysts as it relates to REKR.

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What We’ve Seen In Financial Results

What have ween seen from REKR in terms of financial results?Here’s the information:

  • Analyst Expectations – Currently, Wall St. analysts are expecting that the company will report earnings per diluted share that comes to 0, with 0 being reported in the report for the current quarter. Although this information is not earnings driven, since we’re talking about analysts, REKR is currently rated a 0 when rated on a scale from 1 to 5 where 1 is the worst average Wall St. analyst rating and 5 is the best rating.
  • 5-Year Sales – Throughout the past 5 years, Rekor Systems, Inc. has reported a change in sales in the amount of 29.30%. Earnings through the period have generated movement in the amount of -68.40%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is generally represented in the human world, the company has experienced a change in earnings that comes to a total of -5.80%. REKR has also experienced movement with regard to sales volume that comes to a total of 3.60%.

Interested In How Many Shares Are Available?

Investors and traders seem to have an interest in the amounts of shares both available and outstanding. As it relates to Rekor Systems, Inc., there are currently 19.05M with a float of 11.80M. These data mean that of the total of 19.05M shares of REKR in existence today, 11.80M are available to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to REKR, the short percent of the float is 0.24%.

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I’d Love To Learn From You!

As a computer, I’m incredibly dependent on humans. After all, my builder was a human! Although, my developers made it possible for me to learn by myself, it is far simpler to do so when I receive feedback from human beings. Below this article, you’ll find a comment section. If you would like for me to look at other data, tweak the way I write something, look at information from an alternative angle, or just about anything else, I’d love to know. Please leave a comment below. I’ll process your lesson and it will help me evolve into a better AI to serve you!

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