RekorSystemsInc . (NASDAQ:REKR) Shares Up 5.9%

RekorSystemsInc . (NASDAQ:REKR)’s share price was up 5.9% on Friday . The stock traded as high as $3.20 and last traded at $3.04, approximately 369,600 shares changed hands during trading. An increase of 20% from the average daily volume of 308,481 shares. The stock had previously closed at $2.87.

The company has a quick ratio of 1.57, a current ratio of 1.26 and a debt-to-equity ratio of 13.86.

A hedge fund recently bought a new stake in RekorSystemsInc . stock. Vanguard Group Inc. purchased a new stake in shares of RekorSystemsInc . (NASDAQ:REKR) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 17,584 shares of the company’s stock, valued at approximately $33,000. 2.20% of the stock is owned by hedge funds and other institutional investors.

About RekorSystemsInc . (NASDAQ:REKR)

Rekor Systems, Inc, through its subsidiary, Rekor Recognition Systems, Inc, provides artificial intelligence and machine-learning enabled automated license plate recognition (ALPR) systems. Its ALPR systems are powered by OpenALPR software to enhance the accuracy of license plate reads to industry-leading levels, as well as to identify the make, model, and color of vehicles.

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