Rekor Systems, Inc. (REKR) Stock: Why It’s Falling

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Rekor Systems, Inc. (REKR) is falling in the market today. The company, one that is focused on the tech space, is currently trading at $2.55 after falling -6.59% so far today. When it comes to tech stocks, there are quite a few factors that have the potential to cause declines in the market. News is one of the most common reasons for movement. Here are the recent trending headlines relating to 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

However, any time investors are making a decision to invest, prospective investors should take a look at far more than news, especially in the ever changing tech industry. Here’s what’s happening with Rekor Systems, Inc..

Recent Trends From REKR

Although a single session decline, like the move that we’re seeing from Rekor Systems, Inc. might make some investors upset, that alone shouldn’t be the basis of a decision to, or not to, invest in a company. It’s generally a good idea to take a look at trends beyond a single session. In the case of REKR, below are the returns on investment that we have seen:

  • Past 5 Trading Sessions – Throughout the past 7 days, REKR has generated a price change amounting to -18.27%.
  • Past 30 Days – The monthly ROI from Rekor Systems, Inc. has been -18.27%.
  • Past Three Months – Over the past three months, the company has produced a return that comes to 116.10%
  • Past Six Months – Throughout the past 6 months, investors have seen a change that amounts to 244.59% from the company.
  • This Year So Far – Since the the last trading session of last year REKR has resulted in a ROI of 292.31%.
  • Annually – Finally, over the past year, we’ve seen movement amounting to 70.00% out of REKR. Throughout this period of time, the stock has sold at a high of -53.13% and a low price of 490.14%.

Notable Ratios

Digging into a few ratios having to do with a company generally gives traders an understanding of how dangerous and/or rewarding a pick may be. Below are some of the important ratios to think about when looking at REKR.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. As the ratio heads up, it shows that more investors believe that the value of the stock is going to tumble. Across the sector, strong technology stocks tend to have a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, as it relates to Rekor Systems, Inc., the stock’s short ratio clocks in at 0.65.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure whether or not a company can pay its debts when they come due with only quick assets or current assets. In the technology industry, companies rely heavily on continued support from investors as they work to bring new technologies to market, the current and quick ratios can be damning. Nonetheless, some gems in the tech space come with positive current and quick ratios. In terms of 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 currently owned by the company to the share price. In this case, the book to share value ratio comes in at -0.19.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of the company’s stock. In the case of REKR, the cash to share value works out to 0.15.

Smart Money Follows Big Money

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 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.

Analyst Opinions Of Rekor Systems, Inc.

While it’s never a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to consider their thoughts to validate your own thoughts when it comes to making an investment decision in the tech space. Below are the most recent moves that we have seen from analysts with regard 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 data:

  • Analyst Expectations – Currently, Wall Street analysts are expecting that Rekor Systems, Inc. will report EPS in the amount of 0.10, with -0.17 being announced in the next financial report. Although this is not earnings driven, because we are talking on the topic of Wall Street analysts, Rekor Systems, Inc. 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 possible.
  • 5-Year Sales – Throughout the last half decade, Rekor Systems, Inc. has created a movement in sales volume that comes to a total of 29.30%. Earnings per share over the past 5 years have experienced a change of -68.40%.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is generally represented in the human world, the company has seen a change in earnings in the amount of -7.10%. The company has also moved the needle when it comes to sales that comes to a total of -47.90%.

A Look At Share Counts

Investors and traders seem to have a heavy interest in the amounts of shares both outstanding and available. In terms of Rekor Systems, Inc., there are currently 20.33M with a float of 10.78M. These numbers mean that out of the total of 20.33M shares of REKR currently in existence today, 10.78M are able to trade hands on the public market.

I also like to take a look at the short percentage of the float. Think about it, if a large percentage of the float available for trading is shorted, the overall feeling among traders is that the stock is headed for a dive. As far as it relates to REKR, the short percentage of the float is currently 3.96%. Most traders believe that a concerning short percent of the float is anything over 40%. However, I’ve calculated that any short ratio over 26% is usually a risky play.

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