On Friday, PowerFleet Inc (NASDAQ: AIOT) was -5.17% drop from the session before settling in for the closing price of $5.03. A 52-week range for AIOT has been $1.64 – $5.81.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 18.53%. When this article was written, the company’s average yearly earnings per share was at -215.87%. With a float of $122.61 million, this company’s outstanding shares have now reached $131.86 million.
Considering the fact that the conglomerate employs 780 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 50.78%, operating margin of -10.21%, and the pretax margin is -20.44%.
PowerFleet Inc (AIOT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PowerFleet Inc stocks. The insider ownership of PowerFleet Inc is 7.02%, while institutional ownership is 52.10%.
PowerFleet Inc (AIOT) Recent Fiscal highlights
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
You can see what PowerFleet Inc (AIOT) is doing with its current performance indicators. In the most recent 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 3.38.
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)
Compared to the last year’s volume of 0.81 million, its volume of 0.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 15.38%. Additionally, its Average True Range was 0.29.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 42.86%, which indicates a significant increase from 2.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.09% in the past 14 days, which was lower than the 58.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.00, while its 200-day Moving Average is $4.48. Nevertheless, the first resistance level for the watch stands at $4.99 in the near term. At $5.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.53. Now, if the price goes above the second support level, the third support stands at $4.31.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are 107,758K outstanding shares of the company, which has a market capitalization of 596.48 million. As of now, sales total 133,740 K while income totals -5,680 K. Its latest quarter income was 75,430 K while its last quarter net income were -22,310 K.
