PowerFleet Inc (NASDAQ: AIOT) is 98.54% 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 $6.86 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $6.79, the stock is 0.02% and 15.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing -1.02% at the moment leaves the stock 37.59% off its SMA200. AIOT registered 201.78% gain for a year compared to 6-month gain of 48.90%. The firm has a 50-day simple moving average (SMA 50) of $5.8364 and a 200-day simple moving average (SMA200) of $4.9168.
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The stock witnessed a 30.33% loss in the last 1 month and extending the period to 3 months gives it a 38.29%, and is 2.88% 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 4.68% over the week and 7.16% over the month.
PowerFleet Inc (AIOT) has around 780 employees, a market worth around $897.59M and $221.19M in sales. Fwd P/E is 18.65. Profit margin for the company is -16.14%. Distance from 52-week low is 205.68% and -7.99% 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.
The shares outstanding are 132.19M, and float is at 124.64M with Short Float at 6.07%.
PowerFleet Inc (AIOT) Insider Activity
PowerFleet Inc disclosed in a document filed with the SEC on Dec 06 ’24 that Lewis Catherine J (Chief Customer Officer) sold a total of 187,990 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $6.73 per share for $1.27 million. Following the transaction, the insider now directly holds 52972.0 shares of the AIOT stock.
Still, SEC filings show that on Dec 05 ’24, Lewis Catherine J (Chief Customer Officer) disposed off 82,010 shares at an average price of $7.05 for $0.58 million. The insider now directly holds 240,962 shares of PowerFleet Inc (AIOT).
