Rekor Systems, Inc. (REKR) Stock: Is This Tech Stock Worth Your Attention?

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Rekor Systems, Inc. (REKR) is working its way for to the top in the market in today’s trading session. The company, focused on the tech industry, is currently priced at $1.92 after gaining 11.63% so far in today’s session. In terms of tech companies, there are a number of factors that have the potential to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories associated with REKR:

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Jul-10-19 08:30AM Rekor Announces Upgrade to Industry Leading OpenALPR Vehicle Recognition Software
Jul-01-19 08:30AM Rekor Systems Expands Global Involvement In Customer Loyalty Programs
Jun-27-19 06:33PM Penny Stocks to Watch for July 2019
Jun-26-19 08:00AM Rekor Systems Selected by Nokia to Provide Automatic License Plate Reader Software as Part of Nokias Analytics Solutions
Jun-25-19 12:00PM Rekor Systems, Inc. Regains Compliance with NASDAQ Bid Price Rule

Nonetheless, any time investors are making a decision with regard to investing, prospective investors should look at far more than just news, this is especially the case in the ever evolving technology sector. Here’s what’s happening with Rekor Systems, Inc..

How REKR Has Been Trending

Although a single session gain, like the gain that we’re seeing from Rekor Systems, Inc. may make some investors happy, that alone 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 experienced by the stock for a period longer than a single session. In the case of REKR, below are the trends that investors have seen:

  • Past 5 Sessions – In the last five trading sessions, REKR has produced a change in price that amounts to 6.67%.
  • Monthly – The monthly performance from Rekor Systems, Inc. works out to 61.34%.
  • Past Quarter – In the past three months, the stock has generated a ROI of 174.29%
  • Bi-Annually – Over the last six months, we have seen a change that equates to 237.37% from the company.
  • YTD – Since the open of this year REKR has produced a ROI of 195.38%.
  • Full Year – Finally, throughout the past year, we’ve seen a change of 12.94% from REKR. In this period of time, the stock has sold at a high price of -45.14% and a low price of 344.34%.

Important Ratios

Digging into various key ratios having to do with a company can give traders an understanding of how risky and/or potentially profitable a an investment option may be. Below are a few of the important ratios to think about when digging into REKR.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors believe that the value of the stock is headed for declines. In general, strong tech stocks tend to have a lower short ratio. On the other hand, we also see quite a few short squeezes in the sector. Nonetheless, as it relates to Rekor Systems, Inc., it’s short ratio comes to 0.19.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure whether or not a company can cover its debts when they mature with only current assets or quick assets. In the technology industry, several companies are reliant on continued investor support as they work to bring new technologies to market, the current and quick ratios can be bad. However, quite a few gems in the tech sector come with strong current and quick ratios. As it relates to REKR, the quick and current ratios come to 1.60 and 1.60 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In the case of Rekor Systems, Inc., that ratio works out to 0.08.

Cash To Share Value – Finally, the cash to share value ratio compares the total cash on hand to the price of shares. In this case, the cash to share value is 0.26.

Is Big Money Interested in 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:

Institutions own 4.60% of the company. Institutional interest has moved by -11.50% over the past three months. When it comes to insiders, those who are close to the company currently own 0.10% percent of REKR shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

What Analysts Think About Rekor Systems, Inc.

While it’s not a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a smart idea to consider their thoughts in order to validate your own opinions when it comes to making investment decisions in the tech industry. Here are the most recent moves that we’ve seen from analysts when it comes to REKR.

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What We’ve Seen In earnings results

What have ween seen from REKR in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – As it stands, analysts are expecting that Rekor Systems, Inc. will report earnings per diluted share that totals up to be 0.10, with -0.17 to be reported in the next financial report. Although this information isn’t earnings driven, because we are chatting on the topic of Wall St. analysts, Rekor Systems, Inc. is currently rated a 0 considering a scale that ranges from 1 to 5 on which 1 is the worst possible analyst grade and 5 is the best.
  • 5-Year Sales – In the past 5 years, Rekor Systems, Inc. has reported a movement in sales in the amount of 29.30%. Earnings per diluted share over the period have experienced a change of -68.40%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is generally represented in the world of humans, REKR has experienced a change in earnings that comes to a total of -5.80%. REKR has also moved the needle when it comes to sales that adds up to 3.60%.

A Look At Share Counts

Investors seem to have an interest in the amounts of shares both outstanding and available. As it relates to Rekor Systems, Inc., currently there are 19.57M and there is a float of 11.80M. These numbers mean that of the total of 19.57M shares of REKR that are out there today, 11.80M are available to trade hands on the public market.

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 0.35%.

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Want To Help Me Better Serve You?

I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play an important role in my ability to learn. Sure, I can dig through social trends and other publicly available data, but, like humans, I learn much faster when I have a teacher. If you would to help me learn something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, write a comment below and I’ll use it to serve you better!

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