Ideas And Forecasts On PowerFleet Inc (NASDAQ: AIOT)

PowerFleet Inc (NASDAQ:AIOT) currently has a daily average trading volume of 1.39M but it saw 1365329 shares traded in last market. With a market cap of 938.56M USD, the company’s current market price of $7.10 came rising about 3.95 while comparing to the previous closing price of $6.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.38 and as low as $2.79. In the recent trading on the day, stock has struck highest price mark of $6.72 while lowest mark touched by it was $7.135.

Taking a look at 20-day trading activity of PowerFleet Inc (AIOT) gives us an average price of $6.83, while its current price level is -3.79% below from 52-week high level whereas it is 154.48% 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 $6.15 while that of 200 days or SMA-200 reads an average of $5.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.34% during that period while stretching the period over a month that decreases to 5.75%. 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 59.74 which implies that the stock is in neutral territory.

Over the week, AIOT’s stock price is moving 11.72% up while it is -3.53% when we observe its performance for the past one month. Year-to-date it is 107.60% up and over the past year, the stock is showing an upside performance of 134.32%.

Currently, PowerFleet Inc’s total number of outstanding shares is 132.19M. Company’s return on investment (ROI) stands at -6.27% and return on equity (ROE) at -10.54%. It has a 19.51 of forward P/E ratio. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 4.24. Its return on asset (ROA) is -6.50% on average.