In a filing, Rekor Systems Inc revealed its 10% Owner Arctis Global LLC acquired Company’s shares for reported $3.19 million on Jul 05 ’24. In the deal valued at $1.40 per share,2,275,000 shares were bought. As a result of this transaction, Arctis Global LLC now holds 12,312,491 shares worth roughly $17.61 million.
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Then, BERMAN ROBERT ALAN bought 10,000 shares, generating $34,455 in total proceeds. Upon buying the shares at $3.45, the Chief Executive Officer now owns 1,135,219 shares.
Before that, Arctis Global LLC bought 100,000 shares. Rekor Systems Inc shares valued at $310,800 were divested by the 10% Owner at a price of $3.11 per share. As a result of the transaction, Arctis Global LLC now holds 9,647,491 shares, worth roughly $13.8 million.
William Blair initiated its Rekor Systems Inc [REKR] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in mid February with a ‘”an Outperform”‘ rating.
Price Performance Review of REKR
On Monday, Rekor Systems Inc [NASDAQ:REKR] saw its stock fall -1.38% to $1.43. Over the last five days, the stock has lost -6.54%. Rekor Systems Inc shares have fallen nearly -57.06% since the year began. Nevertheless, the stocks have fallen -44.36% over the past one year. While a 52-week high of $4.15 was reached on 01/16/24, a 52-week low of $1.28 was recorded on 06/20/24. SMA at 50 days reached $1.6505, while 200 days put it at $2.2987.
Levels Of Support And Resistance For REKR Stock
The 24-hour chart illustrates a support level at 1.3533, which if violated will result in even more drops to 1.2767. On the upside, there is a resistance level at 1.5133. A further resistance level may holdings at 1.5967. The Relative Strength Index (RSI) on the 14-day chart is 36.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1832, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.79%. Stochastics%K at 10.30% indicates the stock is a buying.
How much short interest is there in Rekor Systems Inc?
A steep rise in short interest was recorded in Rekor Systems Inc stocks on
