PowerFleet Inc (AIOT) At $4.68 Offering A Unique Opportunity

PowerFleet Inc (NASDAQ:AIOT) currently has a daily average trading volume of 857.78K but it saw 1681951 shares traded in last market. With a market cap of 503.47M USD, the company’s current market price of $4.68 came falling about -6.02 while comparing to the previous closing price of $4.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.67 and as low as $1.64. In the recent trading on the day, stock has struck highest price mark of $4.604 while lowest mark touched by it was $5.09.

Taking a look at 20-day trading activity of PowerFleet Inc (AIOT) gives us an average price of $4.81, while its current price level is -17.46% below from 52-week high level whereas it is 185.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.76 while that of 200 days or SMA-200 reads an average of $4.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.58% during that period while stretching the period over a month that decreases to 5.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 45.32 which implies that the stock is in neutral territory.

Over the week, AIOT’s stock price is moving -4.49% down while it is -1.47% when we observe its performance for the past one month. Year-to-date it is 36.84% up and over the past year, the stock is showing an upside performance of 135.18%.

Currently, PowerFleet Inc’s total number of outstanding shares is 107.58M. Company’s return on investment (ROI) stands at -7.46% and return on equity (ROE) at -12.08%. It has a 15.60 of forward P/E ratio. Stock’s beta reads 1.67. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 2.86. Its return on asset (ROA) is -7.15% on average.