PowerFleet Inc (NASDAQ: AIOT) is -8.41% lower on its value in year-to-date trading and has touched a low of $2.85 and a high of $7.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AIOT stock was last observed hovering at around $6.25 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $6.10, the stock is -4.26% and -4.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -2.40% at the moment leaves the stock 17.01% off its SMA200. AIOT registered 88.27% gain for a year compared to 6-month gain of 20.08%. The firm has a 50-day simple moving average (SMA 50) of $6.3954 and a 200-day simple moving average (SMA200) of $5.2132.
The stock witnessed a -7.72% loss in the last 1 month and extending the period to 3 months gives it a 15.97%, and is 2.35% 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 6.87% over the week and 6.95% over the month.
PowerFleet Inc (AIOT) has around 780 employees, a market worth around $806.37M and $221.19M in sales. Fwd P/E is 18.98. Profit margin for the company is -16.14%. Distance from 52-week low is 114.04% and -17.34% 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 -524.17% 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 124.91M with Short Float at 7.25%.
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).
