PowerFleet Inc (NASDAQ: AIOT) is 82.75% higher on its value in year-to-date trading and has touched a low of $2.03 and a high of $5.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AIOT stock was last observed hovering at around $5.21 in the last trading session, with the day’s gains setting it 1.04%.
Currently trading at $6.25, the stock is 18.05% and 22.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.27 million and changing 19.96% at the moment leaves the stock 36.82% off its SMA200. AIOT registered 199.04% gain for a year compared to 6-month loss of 13.64%. The firm has a 50-day simple moving average (SMA 50) of $5.087 and a 200-day simple moving average (SMA200) of $4.5681.
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The stock witnessed a 18.82% gain in the last 1 month and extending the period to 3 months gives it a 29.13%, and is 17.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.06% over the week and 6.18% over the month.
PowerFleet Inc (AIOT) has around 780 employees, a market worth around $824.15M and $221.19M in sales. Fwd P/E is 16.36. Profit margin for the company is -16.14%. Distance from 52-week low is 207.88% and 7.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.27%).
The EPS is expected to grow by 15.87% this year
The shares outstanding are 131.86M, and float is at 124.31M with Short Float at 5.81%.
