PowerFleet Inc (NASDAQ: AIOT) is 103.07% higher on its value in year-to-date trading and has touched a low of $2.22 and a high of $7.38 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 $7.04 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $6.95, the stock is 12.30% and 24.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -1.35% at the moment leaves the stock 45.26% off its SMA200. AIOT registered 199.35% gain for a year compared to 6-month loss of 32.66%. The firm has a 50-day simple moving average (SMA 50) of $5.5238 and a 200-day simple moving average (SMA200) of $4.7617.
The stock witnessed a 38.07% gain in the last 1 month and extending the period to 3 months gives it a 46.21%, and is -2.32% down 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 4.47% over the week and 7.20% over the month.
PowerFleet Inc (AIOT) has around 780 employees, a market worth around $901.07M and $221.19M in sales. Fwd P/E is 19.08. Profit margin for the company is -16.14%. Distance from 52-week low is 212.84% and -5.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.27%).
with sales reaching $99.43M over the same period.The EPS is expected to shrink by -13.10% this year. Quarterly sales are estimated to grow 188.18% in year-over-year returns.
PowerFleet Inc (AIOT) Top Institutional Holders
The shares outstanding are 132.14M, and float is at 124.57M with Short Float at 5.88%.
PowerFleet Inc (AIOT) Insider Activity
#####
