Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of PowerFleet Inc (NASDAQ: AIOT) was $4.63 for the day, down -1.91% from the previous closing price of $4.72. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 0.74 million shares were traded. AIOT stock price reached its highest trading level at $4.715 during the session, while it also had its lowest trading level at $4.63.
Ratios:
Our analysis of AIOT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.54.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 ’24 when Lewis Catherine J bought 270,000 shares for $6.82 per share.
Lewis Catherine J sold 187,990 shares of AIOT for $1,265,173 on Dec 06 ’24. The Chief Customer Officer now owns 52,972 shares after completing the transaction at $6.73 per share. On Dec 05 ’24, another insider, Lewis Catherine J, who serves as the Chief Customer Officer of the company, sold 82,010 shares for $7.05 each. As a result, the insider received 578,170 and left with 240,962 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AIOT now has a Market Capitalization of 617507776 and an Enterprise Value of 860072576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 2.373 whereas that against EBITDA is 15.141.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.36, which has changed by -0.029350102 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, AIOT has reached a high of $8.71, while it has fallen to a 52-week low of $3.70. The 50-Day Moving Average of the stock is -2.38%, while the 200-Day Moving Average is calculated to be -18.41%.
Shares Statistics:
AIOT traded an average of 1.89M shares per day over the past three months and 1299260 shares per day over the past ten days. A total of 133.32M shares are outstanding, with a floating share count of 123.64M. Insiders hold about 7.30% of the company’s shares, while institutions hold 79.40% stake in the company. Shares short for AIOT as of 1751241600 were 14329611 with a Short Ratio of 7.59, compared to 1748563200 on 12105188. Therefore, it implies a Short% of Shares Outstanding of 14329611 and a Short% of Float of 11.3800004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
