Rekor Systems (NASDAQ:REKR) issued its quarterly earnings results on Thursday. The company reported ($0.19) earnings per share (EPS) for the quarter, reports. The business had revenue of $4.98 million for the quarter. Rekor Systems had a negative return on equity of 1,028.10% and a negative net margin of 21.22%.
NASDAQ:REKR traded down $0.22 on Friday, reaching $2.19. 275,600 shares of the company’s stock were exchanged, compared to its average volume of 121,959. Rekor Systems has a 52-week low of $0.43 and a 52-week high of $5.44. The company has a quick ratio of 1.24, a current ratio of 1.26 and a debt-to-equity ratio of 13.86. The business has a fifty day moving average of $2.18 and a 200-day moving average of $2.08.
Separately, ValuEngine lowered shares of Rekor Systems from a “buy” rating to a “hold” rating in a research note on Sunday, October 27th.
Rekor Systems Company Profile
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.
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