How to Buy Rekor Systems Stock
Rekor Systems Inc
Rekor Systems, Inc. , through its subsidiaries, develops and implements transformative mission-critical intelligent infrastructure solutions and services for transportation management, public safety, and commercial markets in the United States, Canada, and internationally.
Rekor Systems stock last closed at $1.88, up 5.03% from the previous day, and has increased 70.91% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.51 percentage points. Rekor Systems stock is currently +74.07% from its 52-week low of $1.08, and -54.7% from its 52-week high of $4.15.
There are currently 85.32M shares of REKR outstanding. The market value of REKR is $160.41M. In the past 24 hours, 912,928 REKR shares were traded.
How to Buy Rekor Systems Stock
Not sure how to invest in Rekor Systems stock? Here's how.
- Figure out where to buy Rekor Systems stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Rekor Systems stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Research Rekor Systems stock: The Rekor Systems ticker symbol is REKR. Is Rekor Systems stock a good investment? Should you buy shares of REKR? How do REKR's underlying business fundamentals look? Do top analysts think Rekor Systems is a good buy? Why has REKR's stock price moved recently? (Hint: Our stock market research tools can help you understand if REKR is a good stock to buy).
- Make your REKR buy order: Decide if you will purchase REKR shares at the current market price or use a limit order to purchase REKR shares at a specific price.
- Watch your investment in REKR: Create a watchlist to watch your position in Rekor Systems shares.
Step 1: Figure out where to buy Rekor Systems stock
You need an online brokerage account in order to access the NASDAQ market and buy REKR shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal details so you can invest in REKR today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new brokerage account.
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Step 3: Deposit funds into your brokerage account
Now that you have opened your account on the best stock app to use, you need to deposit funds:
Check out the video below for more details depositing funds into your investment account.
Step 4: Research Rekor Systems stock
After you have figured out the best place to buy Rekor Systems stock, it's critical to research their stock before you buy, so you can understand the risk as well as the opportunity.
Rekor Systems quick stats
Rekor Systems Fundamentals
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on REKR's stock page.
How is REKR stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge REKR's fair value.
Using relative valuations measures:
- REKR may be undervalued based on its P/B ratio of 4.81x, relative to Software - Infrastructure industry P/B ratio of 11.13x
You can do additional valuation research on REKR's stock here.
REKR Financial Summary
Positive Health Checks:
- Total REKR debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the REKR balance sheet.
Negative Health Checks:
- REKR has $15.71M in cash and short term investments. This is not enough to cover its annual cash burn of $33.84M.
- REKR has a relatively high debt to equity ratio of 1.76.
- REKR has cash burn of 33838000. It does not have enough cash and short-term investments to cover this.
- REKR profit margin has gone up by 2.86 percentage points in the past year, but the company is still unprofitable.
- There are more long-term liabilities than short-term assets on the REKR balance sheet.
You can dive deeper into what analysts are saying on the Rekor Systems stock forecast page.
REKR Momentum
REKR Revenue
Last year, REKR revenue was $34.93M. Over the past 5 year, REKR's revenue has gone up by 11.74% per year. This was slower than the Software - Infrastructure industry average of 17.39%.
Learn more about REKR's earnings and revenue performance here.
Latest Insiders Trades at REKR
In the past 12 months, insiders at REKR have bought more shares than they have sold.
David Philip Desharnais, President and COO of REKR, was the latest REKR insider to sell. They sold $10,335.02 worth of REKR shares on Mar 15, 2024.
Dig into more about who owns REKR stock here.
Can I rely on REKR as an income stream?
No, Rekor Systems doesn't provide an income stream by paying out dividends.
REKR Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your REKR buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require additional info about investing in stocks on eToro, click the how to video below:
Step 6: Watch your investment in REKR
Now that you own some REKR shares, you'll want to stay up-to-date on your new shares.
Put REKR on a watchlist to get notified of important updates regarding your REKR stock.
REKR Feed
How to Buy Stock in Rekor Systems
To reiterate, here are the 6 steps you need to take to buy Rekor Systems stock right now:
- Figure out where to buy Rekor Systems stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Rekor Systems stock
- Make your REKR buy order
- Watch your investment in REKR
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Rekor Systems, get started below.
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