Is rekr a good buy
11/17/2024 12:03am
**Rekor Systems Inc. (REKR) does not present a strong buying opportunity at this time.** Here's why:
1. **Technical Indicators Show Weakness**: The stock's technical indicators are not favorable. The RSI is at 17.56, which is neither overbought nor oversold. The MACD is at -0.02, and the KDJ is at 0.67, both of which suggest the stock is neither in an overbought nor in an oversold territory. The Bollinger Bands are also not providing a clear signal.
|Ticker|Name|Date|bollinger lower band|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|REKR.O|Rekor Systems|20241114|1.0229|36.4805|31.6788|0.0130|REKR|186|
2. **Valuation Concerns**: The P/E ratio is negative at -2.06, which often indicates that the company is not profitable. The P/B ratio is at 2.08, which suggests that the stock may be overvalued relative to its book value. The P/S ratio is at 1.92, which could indicate that the stock is undervalued based on sales.
|Ticker|Name|Date|P/E(TTM)|code|market_code|
|---|---|---|---|---|---|
|REKR.O|Rekor Systems|20240102|-4.754629|REKR|186|
|REKR.O|Rekor Systems|20240103|-4.951476|REKR|186|
|REKR.O|Rekor Systems|20240104|-5.163466|REKR|186|
|REKR.O|Rekor Systems|20240105|-5.072613|REKR|186|
|REKR.O|Rekor Systems|20240108|-5.496593|REKR|186|
|REKR.O|Rekor Systems|20240109|-5.663157|REKR|186|
|REKR.O|Rekor Systems|20240110|-5.314888|REKR|186|
|REKR.O|Rekor Systems|20240111|-5.178608|REKR|186|
|REKR.O|Rekor Systems|20240112|-5.451167|REKR|186|
|REKR.O|Rekor Systems|20240116|-5.860004|REKR|186|
|Ticker|Name|Date|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|
|REKR.O|Rekor Systems|20240102|4.9822591619816885|REKR|186|
|REKR.O|Rekor Systems|20240104|5.410669981642534|REKR|186|
|REKR.O|Rekor Systems|20240105|5.315467577273457|REKR|186|
|REKR.O|Rekor Systems|20240108|5.759745464329149|REKR|186|
|REKR.O|Rekor Systems|20240109|5.9342832056724575|REKR|186|
|REKR.O|Rekor Systems|20240110|5.569340655590995|REKR|186|
|REKR.O|Rekor Systems|20240111|5.42653704903738|REKR|186|
|REKR.O|Rekor Systems|20240112|5.712144262144611|REKR|186|
|REKR.O|Rekor Systems|20240116|6.140555081805457|REKR|186|
|REKR.O|Rekor Systems|20240117|5.728011329539457|REKR|186|
|Ticker|Name|Date|P/S|code|market_code|
|---|---|---|---|---|---|
|REKR.O|Rekor Systems|20240102|6.822868563916705|REKR|186|
|REKR.O|Rekor Systems|20240103|7.105344014015167|REKR|186|
|REKR.O|Rekor Systems|20240104|7.4095483448904345|REKR|186|
|REKR.O|Rekor Systems|20240105|7.279175060229606|REKR|186|
|REKR.O|Rekor Systems|20240108|7.88758372198014|REKR|186|
|REKR.O|Rekor Systems|20240109|8.126601410524993|REKR|186|
|REKR.O|Rekor Systems|20240110|7.626837152658482|REKR|186|
|REKR.O|Rekor Systems|20240111|7.431277225667239|REKR|186|
|REKR.O|Rekor Systems|20240112|7.8223970796497255|REKR|186|
|REKR.O|Rekor Systems|20240116|8.409076860623454|REKR|186|
3. **Fund Flow**: The net fund flow for REKR is positive at $580,042.25, which could indicate that more money is entering the stock than leaving.
|Ticker|Name|Date|Net Fund Flow|code|market_code|
|---|---|---|---|---|---|
|REKR.O|Rekor Systems|20240102|173817.28|REKR|186|
|REKR.O|Rekor Systems|20240103|295094.28|REKR|186|
|REKR.O|Rekor Systems|20240104|-242020.59|REKR|186|
|REKR.O|Rekor Systems|20240105|16250|REKR|186|
|REKR.O|Rekor Systems|20240108|-197068.33|REKR|186|
|REKR.O|Rekor Systems|20240109|168453.96|REKR|186|
|REKR.O|Rekor Systems|20240112|-220191.42|REKR|186|
|REKR.O|Rekor Systems|20240116|-24936.1|REKR|186|
|REKR.O|Rekor Systems|20240117|1215802.89|REKR|186|
|REKR.O|Rekor Systems|20240118|-93465.55|REKR|186|
4. **Market Sentiment**: Despite recent positive financial growth and strategic initiatives, the stock has experienced a significant price slump, and there is no recent news indicating a turnaround.
5. **Financial Performance**: The company has reported a loss from operations and a net loss, which could be a concern for investors looking for profitability.
6. **Industry and Competition**: While the company is innovating in roadway intelligence and has a potential market, it faces significant competition and a rapidly changing market, which could make it difficult to sustain growth.
In conclusion, while there is potential for growth as indicated by the positive net fund flow, the current technical and fundamental indicators suggest that REKR is not a good buy at this time. Investors should exercise caution and consider the risks before investing.