Rekor Systems (NASDAQ:REKR - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.13), Zacks reports. The company had revenue of $13.28 million for the quarter, compared to analyst estimates of $12.91 million. Rekor Systems had a negative return on equity of 119.85% and a negative net margin of 119.54%.
Rekor Systems Price Performance
Rekor Systems stock traded down $0.06 during mid-day trading on Thursday, reaching $0.78. 7,344,122 shares of the company were exchanged, compared to its average volume of 3,109,585. The firm has a market cap of $73.18 million, a PE ratio of -1.20 and a beta of 2.07. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.76 and a quick ratio of 0.63. The company has a fifty day simple moving average of $1.51 and a 200-day simple moving average of $1.29. Rekor Systems has a 12 month low of $0.75 and a 12 month high of $2.67.
Analyst Ratings Changes
Separately, William Blair restated an "outperform" rating on shares of Rekor Systems in a research note on Tuesday.
View Our Latest Analysis on Rekor Systems
Rekor Systems Company Profile
(
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Rekor Systems, Inc, a technology company, provides infrastructure solutions for transportation, public safety, and urban mobility markets in the United States and internationally. The company's platforms include Rekor One, an AI-powered roadway intelligence platform; Rekor Command, a comprehensive cross-agency platform that offers various applications for traffic management centers, freeway service patrol, first responders, and maintenance crews; Rekor Discover, a platform that ingests data from its hardware and automates comprehensive analytics and actionable insights about the movement of objects across the roadway; and Rekor Scout platform, which automates previously manual processes with collaborative solutions that keep all stakeholders apprised of developing situations and accelerate reaction times to incidents and offenders.
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