Rekor Systems Inc (NASDAQ:REKR) shares, rose in value on Wednesday, April 16, with the stock price up by 0.32% to the previous day’s close as strong demand from buyers drove the stock to $0.76.
Actively observing the price movement in the last trading, the stock closed the session at $0.76, falling within a range of $0.74 and $0.8. The value of beta (5-year monthly) was 2.078. Referring to stock’s 52-week performance, its high was $2.67, and the low was $0.62. On the whole, REKR has fluctuated by -25.12% over the past month.
With the market capitalization of Rekor Systems Inc currently standing at about $84.30 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 51.67M, with a low estimate of 10.3M and a high estimate of 11.54M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 10.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that REKR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of REKR currently trading nearly -12.38% and -40.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.64, while the 7-day volatility ratio is showing 9.39% which for the 30-day chart, stands at 11.67%. Furthermore, Rekor Systems Inc (REKR)’s beta value is 2.27, and its average true range (ATR) is 0.11.
A comparison of Rekor Systems Inc (REKR) with its peers suggests the former has fared considerably weaker in the market. REKR showed an intraday change of 0.32% in last session, and over the past year, it shrunk by -60.82%%.
Data on historical trading for Rekor Systems Inc (NASDAQ:REKR) indicates that the trading volumes over the past 10 days have averaged 3.59 and over the past 3 months, they’ve averaged 6.05 million. According to company’s latest data on outstanding shares, there are 110.91 million shares outstanding.
Nearly 5.08% of Rekor Systems Inc’s shares belong to company insiders and institutional investors own 44.58% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.7 million shares as on 2025-03-31, resulting in a short ratio of 6.28. According to the data, the short interest in Rekor Systems Inc (REKR) stood at 2543.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 19.88 million. The stock has fallen by -51.28% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the REKR stock heading into the next quarter.
