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Can Rekor Systems Inc Bounce Back? 52-Week Performance and Analyst Predictions

Rekor Systems Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $4.15 on 08/29/23, while the lowest price for the same duration was marked at $1.00 on 04/24/23.

52-week price history of REKR Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Rekor Systems Inc’s current trading price is -41.93% away from its 52-week high, while its distance from the 52-week low is 141.48%. The stock’s price range during this period has spanned from $1.00 to $4.15. In the Technology sector, the Rekor Systems Inc’s shares surpassed a trading volume of approximately 2.14 million for the day, which was noticeably higher compared to the average daily volume of 9.1.22 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Rekor Systems Inc (REKR) has experienced a quarterly decline of -26.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 205.62M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.77, with a change in price of -0.29. Similarly, Rekor Systems Inc recorded 1,116,983 in trading volume during the last 100 days, posting a change of -10.74%.

Examining REKR’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for REKR stands at 1.27. Similarly, the long-term debt-to-equity ratio is also 1.18.

REKR Stock Stochastic Average

Today, Rekor Systems Inc’s raw stochastic average for the past 50 days stands at 31.84%, indicating a decline from the raw stochastic average of the last 20 days, which was 80.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 67.49% and 59.08% respectively.

REKR Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded a decrease of -27.63%. However, over the last six months, the performance has been stronger by -10.74%. The price of REKR increased 3.43% over the last 30 days. And in the last five days, it has surged by 8.56%.