PowerFleet Inc (NASDAQ: AIOT) Emerges As Guiding Light For Investors

PowerFleet Inc (NASDAQ:AIOT) currently has a daily average trading volume of 2.06M but it saw 790656 shares traded in last market. With a market cap of 667.85M USD, the company’s current market price of $5.04 came falling about -1.37 while comparing to the previous closing price of $5.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.71 and as low as $3.70. In the recent trading on the day, stock has struck highest price mark of $4.86 while lowest mark touched by it was $5.085.

Taking a look at 20-day trading activity of PowerFleet Inc (AIOT) gives us an average price of $4.83, while its current price level is -42.14% below from 52-week high level whereas it is 36.22% 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 $5.72 while that of 200 days or SMA-200 reads an average of $5.67. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.65% during that period while stretching the period over a month that increases to 8.89%. 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 47.51 which implies that the stock is in neutral territory.

Over the week, AIOT’s stock price is moving 6.11% up while it is -8.20% when we observe its performance for the past one month. Year-to-date it is -24.32% down and over the past year, the stock is showing an upside performance of 11.26%.

The company is expected to be releasing its next quarterly report on 2025-Feb-09, for which analysts forecasted an EPS of 0.06 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 6.10% of that held by the insiders while 75.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -14.47% and return on equity (ROE) at -20.95%. It has a 38.77 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 2.28. Its return on asset (ROA) is -11.09% on average.