PowerFleet Inc (NASDAQ: AIOT) Now -32.49% Off Its High ($8.71), Does Analysts See Headwinds And Risks?

PowerFleet Inc (NASDAQ:AIOT) currently has a daily average trading volume of 2.30M but it saw 2058646 shares traded in last market. With a market cap of 779.16M USD, the company’s current market price of $5.88 came rising about 0.51 while comparing to the previous closing price of $5.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.71 and as low as $2.88. In the recent trading on the day, stock has struck highest price mark of $5.835 while lowest mark touched by it was $6.23.

Taking a look at 20-day trading activity of PowerFleet Inc (AIOT) gives us an average price of $6.99, while its current price level is -32.49% below from 52-week high level whereas it is 104.17% 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 $6.57 while that of 200 days or SMA-200 reads an average of $5.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.15% during that period while stretching the period over a month that decreases to 7.24%. 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 39.31 which implies that the stock is in neutral territory.

Over the week, AIOT’s stock price is moving -10.09% down while it is -24.62% when we observe its performance for the past one month. Year-to-date it is -11.71% down and over the past year, the stock is showing an upside performance of 96.66%.

The company is expected to be releasing its next quarterly report on 2025-Feb-09, for which analysts forecasted an EPS of 0.05 while estimate for next year EPS is 0.08. In next quarter, company is expected to be making quarterly sales of $105.61M as analysts are expecting the sales for current fiscal year at $362.67M and seeing the company making $442.49M in sales next year. Moreover, analysts are in estimates of $103.79M for current-quarter revenue.

Currently, PowerFleet Inc’s total number of outstanding shares is 132.49M with 5.91% of that held by the insiders while 74.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.44% and return on equity (ROE) at -14.07%. It has a 27.44 of forward P/E ratio. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 2.66. Its return on asset (ROA) is -7.48% on average.