Currently, there are 90.96M common shares owned by the public and among those 86.67M shares have been available to trade.
The company’s stock has a 5-day price change of -7.73% and 81.25% over the past three months. REKR shares are trading 30.13% year to date (YTD), with the 12-month market performance down to -23.97% lower. It has a 12-month low price of $0.78 and touched a high of $2.79 over the same period. REKR has an average intraday trading volume of 6.99 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 5.92%, 37.80%, and 42.35% respectively.
Institutional ownership of Rekor Systems Inc (NASDAQ: REKR) shares accounts for 54.14% of the company’s 90.96M shares outstanding.
It has a market capitalization of $213.96M and a beta (3y monthly) value of 1.74. 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 14.72% over the week and 15.37% 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 23.61%, and 63.03% over the next financial year. EPS should grow at an annualized rate of 40.07% over the next five years, compared to -10.32% over the past 5-year period.
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.
