Rekor Systems Stock Price, News & Analysis (NASDAQ:REKR)

$2.42
-0.12 (-4.72 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$2.41
Now: $2.42
$2.62
50-Day Range
$0.69
MA: $2.42
$3.75
52-Week Range
$0.43
Now: $2.42
$5.44
Volume198,267 shs
Average Volume189,963 shs
Market Capitalization$49.05 million
P/E RatioN/A
Dividend YieldN/A
Beta2.23
Rekor Systems, Inc., through its subsidiary, Rekor Recognition Systems, Inc., provides artificial intelligence and machine-learning enabled automated license plate recognition (ALPR) systems. Its ALPR systems are powered by OpenALPR software to enhance the accuracy of license plate reads to industry-leading levels, as well as to identify the make, model, and color of vehicles. The company's solutions include mobile license plate recognition (LPR) systems, fixed LPR systems, Move Over law enforcement, school bus stop-arm enforcement, red light and speed enforcement, parking enforcement, and citation management. Its products are used for law enforcement, security and surveillance, electronic toll collection, parking operations, banking and insurance, logistics, traffic management, and customer loyalty applications. The company was formerly known as Novume Solutions, Inc. and changed its name to Rekor Systems, Inc. in April 2019. Rekor Systems, Inc. was founded in 2017 and is based in Columbia, Maryland.

Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:REKR
CUSIPN/A
CIKN/A
Phone410-762-0800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$48.56 million
Book Value$0.18 per share

Profitability

Net Income$-5,700,000.00

Miscellaneous

Employees122
Market Cap$49.05 million
Next Earnings Date11/12/2019 (Estimated)
OptionableNot Optionable

Receive REKR News and Ratings via Email

Sign-up to receive the latest news and ratings for REKR and its competitors with MarketBeat's FREE daily newsletter.


Rekor Systems (NASDAQ:REKR) Frequently Asked Questions

What is Rekor Systems' stock symbol?

Rekor Systems trades on the NASDAQ under the ticker symbol "REKR."

How were Rekor Systems' earnings last quarter?

Rekor Systems Inc (NASDAQ:REKR) released its quarterly earnings data on Tuesday, November, 13th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.03. The company earned $13.15 million during the quarter, compared to the consensus estimate of $14.60 million. Rekor Systems had a negative net margin of 21.22% and a negative return on equity of 1,028.10%. View Rekor Systems' Earnings History.

When is Rekor Systems' next earnings date?

Rekor Systems is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Rekor Systems.

Has Rekor Systems been receiving favorable news coverage?

News headlines about REKR stock have trended somewhat negative on Sunday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rekor Systems earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Rekor Systems.

Are investors shorting Rekor Systems?

Rekor Systems saw a decrease in short interest in August. As of August 31st, there was short interest totalling 427,400 shares, a decrease of 49.0% from the July 31st total of 837,400 shares. Based on an average daily trading volume, of 676,200 shares, the days-to-cover ratio is presently 0.6 days. Approximately 4.1% of the company's shares are sold short. View Rekor Systems' Current Options Chain.

Who are some of Rekor Systems' key competitors?

What other stocks do shareholders of Rekor Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rekor Systems investors own include NanoViricides (NNVC), Cytosorbents (CTSO), Micron Technology (MU), Domino's Pizza (DPZ), Brekford Traffic Safety (BFDI), NVIDIA (NVDA), Alliance Resource Partners (ARLP), Etsy (ETSY), Viacom (VIAB) and Zumiez (ZUMZ).

Who are Rekor Systems' key executives?

Rekor Systems' management team includes the folowing people:
  • Mr. Robert Alan Berman, CEO, Pres & Director (Age 58)
  • Mr. Riaz Latifullah, Exec. VP of Corp. Devel. (Age 62)
  • Mr. Eyal Hen, CFO, Principal Financial & Accounting Officer (Age 46)
  • Mr. Rodney Hillman, Chief Operating Officer (Age 53)
  • Mr. Mathew Anthony Hill, Chief Science Officer (Age 35)

Who are Rekor Systems' major shareholders?

Rekor Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.00%). Company insiders that own Rekor Systems stock include Glenn S Goord, James K Mccarthy and Robert Alan Berman. View Institutional Ownership Trends for Rekor Systems.

Which major investors are buying Rekor Systems stock?

REKR stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. Company insiders that have bought Rekor Systems stock in the last two years include Glenn S Goord and Robert Alan Berman. View Insider Buying and Selling for Rekor Systems.

How do I buy shares of Rekor Systems?

Shares of REKR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Rekor Systems' stock price today?

One share of REKR stock can currently be purchased for approximately $2.42.

How big of a company is Rekor Systems?

Rekor Systems has a market capitalization of $49.05 million and generates $48.56 million in revenue each year. Rekor Systems employs 122 workers across the globe.View Additional Information About Rekor Systems.

What is Rekor Systems' official website?

The official website for Rekor Systems is http://www.rekorsystems.com/.

How can I contact Rekor Systems?

Rekor Systems' mailing address is 7172 Columbia Gateway Drive Suite 400, Columbia MD, 21046. The company can be reached via phone at 410-762-0800 or via email at [email protected]


MarketBeat Community Rating for Rekor Systems (NASDAQ REKR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  6 (Vote Outperform)
Underperform Votes:  8 (Vote Underperform)
Total Votes:  14
MarketBeat's community ratings are surveys of what our community members think about Rekor Systems and other stocks. Vote "Outperform" if you believe REKR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REKR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

Featured Article: Stock Portfolio Tracker

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel