A new trading day began on Tuesday, with PowerFleet Inc (NASDAQ: AIOT) stock price down -4.36% from the previous day of trading, before settling in for the closing price of $5.97. AIOT’s price has ranged from $3.65 to $8.71 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%. Meanwhile, its annual earnings per share averaged -1020.76%. With a float of $125.18 million, this company’s outstanding shares have now reached $132.49 million.
Let’s determine the extent of company efficiency that accounts for 780 employees. In terms of profitability, gross margin is 50.78%, operating margin of -18.56%, and the pretax margin is -20.44%.
PowerFleet Inc (AIOT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of PowerFleet Inc is 5.53%, while institutional ownership is 72.87%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -1020.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 120.23% during the next five years compared to -30.10% drop over the previous five years of trading.
PowerFleet Inc (NASDAQ: AIOT) Trading Performance Indicators
Here are PowerFleet Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.21 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 1.36 million, which is a drop from its year-to-date volume of 2.17 million. As of the previous 9 days, the stock’s Stochastic %D was 42.58%. Additionally, its Average True Range was 0.45.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 24.24%, which indicates a significant increase from 14.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.17% in the past 14 days, which was lower than the 79.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.51, while its 200-day Moving Average is $5.58. However, in the short run, PowerFleet Inc’s stock first resistance to watch stands at $5.86. Second resistance stands at $6.00. The third major resistance level sits at $6.08. If the price goes on to break the first support level at $5.64, it is likely to go to the next support level at $5.56. Should the price break the second support level, the third support level stands at $5.42.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
With a market capitalization of 756.63 million, the company has a total of 132,509K Shares Outstanding. Currently, annual sales are 133,740 K while annual income is -5,680 K. The company’s previous quarter sales were 106,430 K while its latest quarter income was -14,350 K.
