Rekor Systems Inc (NASDAQ: REKR) is -44.74% lower on its value in year-to-date trading and has touched a low of $1.00 and a high of $4.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The REKR stock was last observed hovering at around $1.85 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.84, the stock is -13.72% and -19.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -0.54% at the moment leaves the stock -35.19% off its SMA200. REKR registered 61.40% gain for a year compared to 6-month loss of -41.77%.
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The stock witnessed a -12.80% gain in the last 1 month and extending the period to 3 months gives it a -46.82%, and is -12.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.99% over the week and 8.00% over the month.
Profit margin for the company is -125.12%. Distance from 52-week low is 84.37% and -55.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-60.03%).
The EPS is expected to grow by 66.67% this year
The shares outstanding are 85.32M, and float is at 80.18M with Short Float at 15.84%.
Rekor Systems Inc (REKR) Insider Activity
The most recent transaction is an insider purchase by BERMAN ROBERT ALAN, the company’s Chief Executive Officer. SEC filings show that BERMAN ROBERT ALAN bought 10,000 shares of the company’s common stock on Aug 25 ’23 at a price of $3.45 per share for a total of $34455.0. Following the purchase, the insider now owns 1.14 million shares.
Rekor Systems Inc disclosed in a document filed with the SEC on Aug 18 ’23 that Arctis Global LLC (10% Owner) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Aug 18 ’23 and was made at $3.11 per share for $0.31 million. Following the transaction, the insider now directly holds 9.65 million shares of the REKR stock.
Still, SEC filings show that on Aug 18 ’23, BERMAN ROBERT ALAN (Chief Executive Officer) acquired 25,000 shares at an average price of $3.14 for $78425.0. The insider now directly holds 1,025,219 shares of Rekor Systems Inc (REKR).
