On Tuesday, PowerFleet Inc (NASDAQ: AIOT) opened higher 1.37% from the last session, before settling in for the closing price of $6.95. Price fluctuations for AIOT have ranged from $2.22 to $7.38 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 18.53% over the last five years. Company’s average yearly earnings per share was noted -13.10% at the time writing. With a float of $124.57 million, this company’s outstanding shares have now reached $132.14 million.
The firm has a total of 780 workers. Let’s measure their productivity. In terms of profitability, gross margin is 51.9%, operating margin of -13.22%, and the pretax margin is -15.67%.
PowerFleet Inc (AIOT) Breakdown of a Key Holders of the stock
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 5.73%, while institutional ownership is 58.59%.
PowerFleet Inc (AIOT) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.02) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.10% per share during the next fiscal year.
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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of PowerFleet Inc (AIOT)
Analysing the last 5-days average volume posted by the [PowerFleet Inc, AIOT], we can find that recorded value of 1.21 million was better than the volume posted last year of 0.9 million. As of the previous 9 days, the stock’s Stochastic %D was 75.71%. Additionally, its Average True Range was 0.40.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 89.97%, which indicates a significant increase from 84.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.09% in the past 14 days, which was higher than the 62.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.61, while its 200-day Moving Average is $4.80. Now, the first resistance to watch is $7.16. This is followed by the second major resistance level at $7.29. The third major resistance level sits at $7.51. If the price goes on to break the first support level at $6.81, it is likely to go to the next support level at $6.59. Now, if the price goes above the second support level, the third support stands at $6.46.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are currently 132,139K shares outstanding in the company with a market cap of 930.25 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 77,020 K and its income totaled -1,880 K.
