Rekor Systems, Inc. (REKR) is experiencing a notable increase in its stock price today, driven by its recent pre-market performance. The stock was up over 17% in pre-market trading, reaching $1.91, as reported early on January 10, 2025. This surge follows the company's recent announcement of the industry's first AI-powered Traffic Incident Priority Ranking feature, which aims to enhance emergency response and roadway safety. The feature was unveiled in the Rekor Command™ Platform, potentially boosting investor confidence in the company's innovative capabilities.
Despite the positive news, Rekor Systems has not received a clear consensus rating from analysts, with no buy, hold, or sell ratings currently available. This lack of analyst coverage may contribute to the stock's volatility, as investors navigate the company's prospects without clear guidance. Additionally, Rekor Systems' stock is currently 216.46% above its 52-week low of $0.79, indicating a significant recovery over the past year.
The current price of Rekor Systems, Inc. is $1.70, reflecting a 4.29% increase from the previous close of $1.63. Despite being just half an hour into the trading day, the stock has already seen a volume of 3,336,743 shares, representing 83.07% of its average daily volume of 4,016,798.