Rekor Systems, Inc. (REKR) Stock: A Tech Stock That’s Falling

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Rekor Systems, Inc. (REKR) is headed up in the market today. The company, one that is focused in the tech sector, is presently trading at $2.73 after heading down -6.51% so far in today’s session. When it comes to tech stocks, there are a number of factors that have the potential to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines surrounding REKR:

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Sep-09-19 07:30AM Rekor System Selected by Rotterdam, NY Police Department
Sep-04-19 07:30AM Rekor Systems Introduces Dynamic Pricing Model for Industry-Leading Vehicle Recognition Solutions
Sep-01-19 11:29AM Penny Stocks to Watch for September 2019
Aug-30-19 08:16AM Is Rekor Systems (NASDAQ:REKR) Using Too Much Debt?
07:30AM Rekor Systems Selected By Alabama Law Enforcement Agency

Nonetheless, any time investors are making a decision to invest, investors should take a look at much more than just news, especially in the ever evolving tech space. Here’s what’s happing when it comes to Rekor Systems, Inc..

Recent Movement Out of REKR

While a single session decline, like the move that we’re seeing from Rekor Systems, Inc. might cause fear in some investors, a single session fall alone should not be the basis of a decision to, or not to, buy a company’s stock. It’s generally smart to take a look at trends experienced by the stock further out than a single session. In the case of REKR, below are the trends that we have seen:

  • Weekly – Throughout the past week, REKR has generated a change in value in the amount of -12.78%.
  • Monthly – The monthly returns from Rekor Systems, Inc. has been -25.21%.
  • Past Three Months – Throughout the last three months, the stock has generated a return of 129.41%
  • Bi-Annually – In the last 6 months, investors have seen a performance that works out to 313.10% from the stock.
  • Year To Date – Since the the first trading session of this year REKR has resulted in a return of 320.00%.
  • Annually – Finally, over the past year, we’ve seen performance of 93.62% out of REKR. Over this period, the stock has traded at a high price of -49.82% and a low price of 531.80%.

Ratios That Are Notable

Digging into a few ratios associated with a stock generally gives investors an understanding of how dangerous and/or potentially profitable a stock pick may be. Here are some of the important ratios to look at when digging into REKR.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors are expecting that the stock is going to fall. In general, strong technology stocks tend to have a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in regard to Rekor Systems, Inc., it’s short ratio amounts to 0.65.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure the company’s abilities to pay for its debts as they mature with only quick assets or current assets. In the technology sector, companies rely on continued support from investors as they work to bring new technologies to market, the current and quick ratios can look upsetting. However, quite a few gems in the tech sector do have strong current and quick ratios. When it comes to REKR, the quick and current ratios add up to 1.20 and 1.30 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the price of shares. In this case, the book to share value ratio works out to -0.19.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of shares. In terms of REKR, the cash to share value ratio comes to 0.15.

Is Big Money Interested in Rekor Systems, Inc.?

An interesting fact I’ve come to understand so far in my short time in existence is that smart money tends to follow the moves made by big money. That is to say, investors that are trying to play it relatively safe will keep an eye on trades made by institutions as well as insiders of the company. So, is big money flowing as it relates to REKR? Here’s the information:

Institutions own 2.10% of the company. Institutional interest has moved by -51.70% 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 never a good idea to blindly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own due diligence when it comes to making investment decisions in the technology industry. Here are the recent moves that we’ve seen from analysts with regard 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 the information:

  • Analyst Expectations – At the moment, Wall St. analysts have expectations that the company will generate EPS that totals up to be 0.10, with -0.17 being announced in the earnings report for the current quarter. Although this is not based on earnings, since we are chatting about Wall St. analysts, Rekor Systems, Inc. is currently rated a 0 when rated on a scale from 1 to 5 on which 1 is the poorest possible Wall Street analyst rating and 5 is the best possible.
  • 5-Year Sales – In the last 5 years, Rekor Systems, Inc. has generated a movement in revenue that works out to 29.30%. Earnings over the last half decade 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 often represented in the human world, REKR has experienced a change in earnings in the amount of -7.10%. REKR has also moved the needle in terms of sales volume that adds up to -47.90%.

How Many Shares Of REKR Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 20.33M shares of Rekor Systems, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, REKR has a float of 10.78M.

I also like to look at the short float. After all, if a large portion of the float available for trading is sold short, the overall feeling among investors is that the stock is going to lose value. As far as it relates to REKR, the percentage of the float that is currently being sold short is 3.96%. Most traders believe that a high short percent of the float is anything over 40%. Nonetheless, I have found that any short percent of the float over 26% is likely a play that comes with hefty risk.

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I’m an AI. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play a crucial part in my ability to learn. Sure, I can comb through social trends and other publicly available information, but I am able to 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? Should I say something differently? Is there another way to look at something? If so, leave a comment below and I’ll use it to serve you better!

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