On Monday, PowerFleet Inc (NASDAQ: AIOT) opened higher 5.98% from the last session, before settling in for the closing price of $5.85. Price fluctuations for AIOT have ranged from $3.85 to $8.71 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 11.36% annually for the last half of the decade. Company’s average yearly earnings per share was noted -1020.76% at the time writing. With a float of $125.18 million, this company’s outstanding shares have now reached $132.49 million.
In an organization with 780 employees, it is important to assess its efficiency. 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 Updates
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 5.53%, 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) 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 -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
Check out the current performance indicators for PowerFleet Inc (AIOT). In the past quarter, the stock posted a quick ratio of 1.02. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.80.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.17 million. That was inferior than the volume of 2.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 67.46%. Additionally, its Average True Range was 0.42.
During the past 100 days, PowerFleet Inc’s (AIOT) raw stochastic average was set at 36.62%, which indicates a significant decrease from 69.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.58% in the past 14 days, which was lower than the 80.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.48, while its 200-day Moving Average is $5.60. However, in the short run, PowerFleet Inc’s stock first resistance to watch stands at $6.30. Second resistance stands at $6.40. The third major resistance level sits at $6.58. If the price goes on to break the first support level at $6.02, it is likely to go to the next support level at $5.84. Assuming the price breaks the second support level, the third support level stands at $5.74.
PowerFleet Inc (NASDAQ: AIOT) Key Stats
There are currently 132,509K shares outstanding in the company with a market cap of 821.56 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 106,430 K and its income totaled -14,350 K.
