On Tuesday, PowerFleet Inc (NASDAQ: AIOT) opened higher 0.40% from the last session, before settling in for the closing price of $5.00. Price fluctuations for AIOT have ranged from $1.64 to $5.67 over the past 52 weeks.
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Annual sales at Technology sector company grew by 18.53% over the past five years. Company’s average yearly earnings per share was noted -215.87% at the time writing. With a float of $122.62 million, this company’s outstanding shares have now reached $131.86 million.
Let’s look at the performance matrix of the company that is accounted for 780 employees. In terms of profitability, gross margin is 50.78%, operating margin of -10.21%, and the pretax margin is -20.44%.
PowerFleet Inc (AIOT) Insider Updates
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of PowerFleet Inc is 7.01%, while institutional ownership is 50.28%.
PowerFleet Inc (AIOT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -215.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.00% during the next five years compared to -30.10% drop over the previous five years of trading.
PowerFleet Inc (NASDAQ: AIOT) Trading Performance Indicators
Check out the current performance indicators for PowerFleet Inc (AIOT). In the past quarter, the stock posted a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.64, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of PowerFleet Inc (AIOT)
PowerFleet Inc (NASDAQ: AIOT) saw its 5-day average volume 0.96 million, a positive change from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 58.91%. Additionally, its Average True Range was 0.29.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 64.78%, which indicates a significant increase from 59.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.00% in the past 14 days, which was lower than the 55.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.79, while its 200-day Moving Average is $4.29. Nevertheless, the first resistance level for the watch stands at $5.14 in the near term. At $5.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.36. If the price goes on to break the first support level at $4.92, it is likely to go to the next support level at $4.83. Assuming the price breaks the second support level, the third support level stands at $4.70.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are currently 107,350K shares outstanding in the company with a market cap of 661.94 million. Presently, the company’s annual sales total 133,740 K according to its annual income of -5,680 K. Last quarter, the company’s sales amounted to 75,430 K and its income totaled -22,310 K.
