Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Rekor Systems Inc’s current trading price is -22.36% away from its 52-week high, while its distance from the 52-week low is 177.39%. The stock’s price range during this period has varied between $0.78 and $2.80. The company, active in the Technology sector, saw a trading volume of around 5.68 million for the day, considerably lower average daily volume of 6.85 million observed over the last three months.
Rekor Systems Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $2.80 on 02/12/24, and the lowest price during that time was $0.78, recorded on 12/20/24.
How Financial Performance Impacts Market Capitalization
Rekor Systems Inc (REKR) has experienced a quarterly rise of 92.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 203.60M and boasts a workforce of 351 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.28, with a change in price of +1.01. Similarly, Rekor Systems Inc recorded 4,559,571 in trading volume during the last 100 days, posting a change of +87.50%.
How REKR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for REKR stands at 0.80. Similarly, the long-term debt-to-equity ratio is also 0.70.
REKR Stock Stochastic Average
As of today, the raw stochastic average of Rekor Systems Inc over the past 50 days is 73.78%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 61.02%. Additionally, the Stochastic %K and %D values for the company were 72.05% and 79.81%, respectively, over the past 20 days.
REKR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 39.10%. However, over the past six months, we’ve seen a weaker performance of 44.67%. The price of REKR fallen by 33.13% over the last 30 days. And in the last five days, it has surged by 7.16%.
