On Friday, PowerFleet Inc (NASDAQ: AIOT) trading session started at the price of On Friday, that was -4.23% drop from the session before settling in for the closing price of $7.10. A 52-week range for AIOT has been $2.85 – $7.38.
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Annual sales at Technology sector company grew by 18.53% over the past five years. When this article was written, the company’s average yearly earnings per share was at -13.10%. With a float of $124.91 million, this company’s outstanding shares have now reached $132.19 million.
Let’s look at the performance matrix of the company that is accounted for 780 employees. In terms of profitability, gross margin is 51.9%, operating margin of -13.22%, and the pretax margin is -15.67%.
PowerFleet Inc (AIOT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PowerFleet Inc stocks. The insider ownership of PowerFleet Inc is 5.51%, while institutional ownership is 58.57%. The most recent insider transaction that took place on Dec 05 ’24, was worth 1,842,559. Before that another transaction happened on Dec 06 ’24, when Company’s Chief Customer Officer sold 187,990 for $6.73, making the entire transaction worth $1,265,173. This insider now owns 52,972 shares in total.
PowerFleet Inc (AIOT) Performance Highlights and Predictions
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
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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.89.
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)
PowerFleet Inc (NASDAQ: AIOT) saw its 5-day average volume 3.16 million, a positive change from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 72.97%. Additionally, its Average True Range was 0.41.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 80.92%, which indicates a significant increase from 59.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.69% in the past 14 days, which was lower than the 61.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.18, while its 200-day Moving Average is $5.11. Nevertheless, the first resistance level for the watch stands at $7.08 in the near term. At $7.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.53. If the price goes on to break the first support level at $6.63, it is likely to go to the next support level at $6.47. Assuming the price breaks the second support level, the third support level stands at $6.18.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are 132,192K outstanding shares of the company, which has a market capitalization of 860.92 million. As of now, sales total 133,740 K while income totals -5,680 K. Its latest quarter income was 77,020 K while its last quarter net income were -1,880 K.
