PowerFleet Inc (NASDAQ: AIOT) is -28.98% 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 $4.66 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $4.73, the stock is -1.39% and -5.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing 1.50% at the moment leaves the stock -17.37% off its SMA200. AIOT registered 4.42% gain for a year compared to 6-month loss of -28.44%.
The stock witnessed a -20.37% gain in the last 1 month and extending the period to 3 months gives it a -21.56%, and is -0.42% 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 8.42% over the week and 5.45% over the month.
Fwd P/E is 18.67. Profit margin for the company is -14.07%. Distance from 52-week low is 27.84% and -45.69% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.43%).
The EPS is expected to grow by 118.60% this year
The shares outstanding are 132.51M, and float is at 122.84M with Short Float at 9.85%.
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).
