Rekor Systems (REKR) Expected to Announce Quarterly Earnings on Thursday

Rekor Systems (NASDAQ:REKR) is projected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect Rekor Systems to post earnings of ($0.08) per share and revenue of $12.91 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Rekor Systems Price Performance

Shares of REKR stock opened at $1.60 on Tuesday. The stock’s fifty day moving average is $1.71 and its 200-day moving average is $1.33. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. The stock has a market capitalization of $150.12 million, a PE ratio of -2.46 and a beta of 1.74. Rekor Systems has a 52 week low of $0.78 and a 52 week high of $2.71.

Analysts Set New Price Targets

Separately, William Blair restated an “outperform” rating on shares of Rekor Systems in a report on Friday, November 15th.

About Rekor Systems

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.