Why Investors Shouldn’t Be Surprised By Rekor Systems, Inc.’s (NASDAQ:REKR) 73% Share Price Surge
Rekor Systems, Inc. (NASDAQ:REKR) shareholders have had their patience rewarded with a 73% share price jump in the last month. The last 30 days bring the annual gain to a very sharp 81%.
Even after such a large jump in price, it’s still not a stretch to say that Rekor Systems’ price-to-sales (or “P/S”) ratio of 5.8x right now seems quite “middle-of-the-road” compared to the Software industry in the United States, where the median P/S ratio is around 5.1x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.
