With 6.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.85 million shares. The 52-week range on REKR shows that it touched its highest point at $2.71 and its lowest point at $0.78 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 1.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of REKR was down-trending over the past week, with a drop of -34.40%, but this was down by -23.94% over a month. Three-month performance surged to 55.01% while six-month performance rose 3.62%. The stock lost -37.14% in the past year, while it has lost -8.33% so far this year. A look at the trailing 12-month EPS for REKR yields -0.65 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.09. This implies an EPS growth rate of 23.61% for this year and 63.03% for next year. EPS is expected to grow by 40.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.32%.
Float and Shares Shorts:
At present, 105.40 million REKR shares are outstanding with a float of 97.36 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for REKR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.52105 being high and -$0.57895 being low. For REKR, this leads to a yearly average estimate of -$0.55. Based on analyst estimates, the high estimate for the next quarter is -$0.07 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.07.
