Stocks of Rekor Systems Inc (NASDAQ:REKR) traded higher last session on Wall Street, up 7.68% to $0.93.
REKR stock price is now -18.05% away from the 50-day moving average and -28.60% away from the 200-day moving average. The market capitalization of the company currently stands at $103.08M.
On February 11, 2021, Northland Capital recently initiated its ‘Outperform’ rating on the stock quoting a target price of $24
In other news, Arctis Global LLC, 10% Owner bought 2,275,000 shares of the company’s stock on Jul 05 ’24. The stock was bought for $3,185,000 at an average price of $1.40. Upon completion of the transaction, the 10% Owner now directly owns 12,312,491 shares in the company, valued at $11.45 million. A total of 5.08% of the company’s stock is owned by insiders.
During the past 12 months, Rekor Systems Inc has had a low of $0.62 and a high of $2.67. As of last week, the company has a debt-to-equity ratio of 0.95, a current ratio of 1.09, and a quick ratio of 0.86. The fifty day moving average price for REKR is $1.13406 and a two-hundred day moving average price translates $1.30174 for the stock.
The latest earnings results from Rekor Systems Inc (NASDAQ: REKR) was released for 2024-12-31. The net profit margin was -133.42% and return on equity was -181.93% for REKR. The company reported revenue of $13.28 million for the quarter, compared to $11.07 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.98 percent.
