Rekor Systems, Inc. (REKR) is experiencing a rise in its stock price today, likely driven by recent developments in its technology offerings. The company has unveiled the industry's first AI-powered traffic incident priority ranking within its Rekor Command™ platform. This innovation aims to enhance emergency response times and improve roadway safety, potentially attracting investor interest due to its implications for public safety and infrastructure efficiency.
Additionally, Rekor Systems has expanded its partnership with the New Mexico Department of Transportation through a pay-for-data distribution model. This expansion could signal increased revenue opportunities and further integration of Rekor's technology in state-level transportation systems, which may be viewed positively by investors.
The current price of Rekor Systems' stock is $1.61, reflecting a 4.87% increase from the previous close of $1.54. The stock opened at $1.55 and has reached a high of $1.68 and a low of $1.54 so far today. Despite being early in the trading day, the volume has reached 1,775,166 shares, accounting for 39.10% of the average daily volume of 4,540,004 shares.