Is Rekor Systems Inc (NASDAQ: REKR) Worth What Its Shareholders Think It Is?

During the last session, Rekor Systems Inc (NASDAQ:REKR)’s traded shares were 0.41 million, with the beta value of the company hitting 2.20. At the end of the trading day, the stock’s price was $1.79, reflecting an intraday gain of 2.29% or $0.04. The 52-week high for the REKR share is $4.15, that puts it down -131.84 from that peak though still a striking 41.34% gain since the share price plummeted to a 52-week low of $1.05. The company’s market capitalization is $152.72M, and the average trade volume was 1.24 million shares over the past three months.

Rekor Systems Inc (NASDAQ:REKR) trade information

The stock spiked 2.29% in intraday trading to $1.79, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by -19.37% in 30 days. Based on these gigs, the overall price performance for the year is 47.93%.

Rekor Systems Inc (REKR) estimates and forecasts

Statistics show that Rekor Systems Inc has outperformed its competitors in share price, compared to the industry in which it operates. Rekor Systems Inc (REKR) shares have gone down -33.21% during the last six months, with a year-to-date growth rate more than the industry average at 59.72% against 18.90. In the rating firms’ projections, revenue will increase 89.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 13.03M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 16.31M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -10.32%. While earnings are projected to return 66.67% in 2024.

REKR Dividends

Rekor Systems Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Rekor Systems Inc (NASDAQ:REKR)’s Major holders