Currently, there are 90.96M common shares owned by the public and among those 86.63M shares have been available to trade.
The company’s stock has a 5-day price change of 126.72% and 57.63% over the past three months. REKR shares are trading -44.14% year to date (YTD), with the 12-month market performance down to -42.94% lower. It has a 12-month low price of $0.78 and touched a high of $3.92 over the same period. REKR has an average intraday trading volume of 1.35 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 99.71%, 84.82%, and 28.24% respectively.
Institutional ownership of Rekor Systems Inc (NASDAQ: REKR) shares accounts for 53.91% of the company’s 90.96M shares outstanding.
It has a market capitalization of $222.42M and a beta (3y monthly) value of 1.81. The earnings-per-share (ttm) stands at -$0.65. Price movements for the stock have been influenced by the stock’s volatility, which stands at 21.28% over the week and 11.95% over the month.
Analysts forecast that Rekor Systems Inc (REKR) will achieve an EPS of -0.08 for the current quarter, -0.07 for the next quarter and -0.17 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.11 while analysts give the company a high EPS estimate of -0.11. Comparatively, EPS for the current quarter was -0.16 a year ago. Earnings per share for the fiscal year are expected to increase by 24.31%, and 69.72% over the next financial year.
Northland Capital coverage for the Rekor Systems Inc (REKR) stock in a research note released on February 11, 2021 offered a Outperform rating with a price target of $24.
