On Friday, PowerFleet Inc (NASDAQ: AIOT) opened lower -2.46% from the last session, before settling in for the closing price of $6.10. Price fluctuations for AIOT have ranged from $2.85 to $7.38 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 11.36%. Company’s average yearly earnings per share was noted -524.17% at the time writing. With a float of $124.20 million, this company’s outstanding shares have now reached $132.19 million.
Let’s determine the extent of company efficiency that accounts 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) 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 5.51%, while institutional ownership is 61.40%. 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) Recent Fiscal highlights
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 -524.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 108.41% 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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.32 in one year’s time.
Technical Analysis of PowerFleet Inc (AIOT)
Looking closely at PowerFleet Inc (NASDAQ: AIOT), its last 5-days average volume was 1.89 million, which is a jump from its year-to-date volume of 1.8 million. As of the previous 9 days, the stock’s Stochastic %D was 40.69%. Additionally, its Average True Range was 0.33.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 48.65%, which indicates a significant increase from 28.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.49% in the past 14 days, which was lower than the 65.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.47, while its 200-day Moving Average is $5.35. However, in the short run, PowerFleet Inc’s stock first resistance to watch stands at $6.16. Second resistance stands at $6.38. The third major resistance level sits at $6.54. If the price goes on to break the first support level at $5.78, it is likely to go to the next support level at $5.62. Now, if the price goes above the second support level, the third support stands at $5.40.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are currently 132,192K shares outstanding in the company with a market cap of 786.54 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.
