PowerFleet Inc (NASDAQ: AIOT) is -13.36% lower on its value in year-to-date trading and has touched a low of $3.70 and a high of $8.71 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 $5.30 in the last trading session, with the day’s gains setting it 0.47%.
Currently trading at $5.77, the stock is 15.37% and 7.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 8.87% at the moment leaves the stock 1.57% off its SMA200. AIOT registered 16.33% gain for a year compared to 6-month loss of 8.46%.
The stock witnessed a 23.82% gain in the last 1 month and extending the period to 3 months gives it a -26.03%, and is 13.58% 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 4.36% over the week and 5.01% over the month.
Fwd P/E is 44.38. Profit margin for the company is -34.59%. Distance from 52-week low is 55.95% and -33.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.47%).
The EPS is expected to shrink by -1300.95% this year.
PowerFleet Inc (AIOT) Top Institutional Holders
The shares outstanding are 132.49M, and float is at 122.84M with Short Float at 10.01%.
PowerFleet Inc (AIOT) Insider Activity
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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).
