Rekor Systems (REKR) Projected to Post Earnings on Thursday

Rekor Systems (NASDAQ:REKR) will likely be announcing its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $12.91 million for the quarter.

Rekor Systems Stock Down 7.3 %

Shares of NASDAQ:REKR opened at $2.02 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.63 and a current ratio of 0.76. Rekor Systems has a 1 year low of $0.78 and a 1 year high of $2.71. The stock has a market capitalization of $189.52 million, a P/E ratio of -3.11 and a beta of 1.75. The stock has a 50-day simple moving average of $1.66 and a 200-day simple moving average of $1.32.

Wall Street Analysts Forecast Growth

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

Rekor Systems Company Profile

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.