RKN - Bullish Trade PlanRKN is a stock I like because of its solid price action. Any pull back lower is a buy IMHO. I am expecting a backtest lower towards its trendline, which may provide a great buying opportunity. My Buy Zone is between $0.900 - $0.940, and would target the next Resistance level of $1.520.
Please note
0.050AUD
5.57 MAUD
53.41 MAUD
57.64 M
About RECKON LIMITED
Sector
Industry
CEO
Sam Allert
Website
Headquarters
North Sydney
Founded
1987
ISIN
AU000000RKN9
FIGI
BBG000BYKMK9
Reckon Ltd. engages in delivering market solutions to accountants, bookkeepers, legal professionals, and small to medium-sized businesses. It operates through the following segments: Business Group, Accountant Practice Management Group, and Legal Practice Management Group. The Business Group segment involves in the development, distribution, and support of business accounting and personal finance accounting. The Accountant Practice Management Group segment engages in the development, distribution, and support of practice management, tax, client accounting, and related software under the accounting practice software (APS) brand, as well as the ReckonDocs and Reckon Elite products. The Legal Practice Management Group segment refers to the development, distribution, and support of cost recovery, cost management, scan, and software under the nQueueBillback brand to the legal market. The company was founded by Gregory John Wilkinson, Philip Ross Hayman, and Steve Rickwood on June 28, 1987 and is headquartered in North Sydney, Australia.
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Frequently Asked Questions
The current price of RKN is 0.520 AUD — it has decreased by 2.80% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange RECKON LIMITED stocks are traded under the ticker RKN.
RECKON LIMITED is going to release the next earnings report on Aug 13, 2024. Keep track of upcoming events with our Earnings Calendar.
RKN stock is 3.85% volatile and has beta coefficient of −0.50. Check out the list of the most volatile stocks — is RECKON LIMITED there?
RKN earnings for the last quarter are 0.03 AUD per share, whereas the estimation was 0.03 AUD resulting in a −2.81% surprise. The estimated earnings for the next quarter are 0.02 AUD per share. See more details about RECKON LIMITED earnings.
RECKON LIMITED revenue for the last quarter amounts to 24.20 M AUD despite the estimated figure of 24.50 M AUD. In the next quarter revenue is expected to reach 25.70 M AUD.
Yes, you can track RECKON LIMITED financials in yearly and quarterly reports right on TradingView.
RKN stock has fallen by 5.45% compared to the previous week, the month change is a 7.14% fall, over the last year RECKON LIMITED has showed a 10.64% increase.
RKN net income for the last quarter is 1.37 M AUD, while the quarter before that showed 4.20 M AUD of net income which accounts for −67.43% change. Track more RECKON LIMITED financial stats to get the full picture.
Today RECKON LIMITED has the market capitalization of 60.61 M, it has decreased by 2.68% over the last week.
Like other stocks, RKN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RECKON LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RECKON LIMITED technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RECKON LIMITED stock shows the sell signal. See more of RECKON LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on RECKON LIMITED future price: according to them, RKN price has a max estimate of 0.88 AUD and a min estimate of 0.65 AUD. Read a more detailed RECKON LIMITED forecast: see what analysts think of RECKON LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RECKON LIMITED EBITDA is 19.70 M AUD, and current EBITDA margin is 36.95%. See more stats in RECKON LIMITED financial statements.