The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of PowerFleet Inc (NASDAQ: AIOT) was $4.24 for the day, down -5.36% from the previous closing price of $4.48. In other words, the price has decreased by -$5.36 from its previous closing price. On the day, 1.13 million shares were traded. AIOT stock price reached its highest trading level at $4.5 during the session, while it also had its lowest trading level at $4.22.
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 565492992 and an Enterprise Value of 808079168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 2.229 whereas that against EBITDA is 14.226.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.35, which has changed by -0.06401765 over the last 52 weeks, in comparison to a change of 0.15366066 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 -8.89%, while the 200-Day Moving Average is calculated to be -25.17%.
Shares Statistics:
AIOT traded an average of 1.88M shares per day over the past three months and 1067000 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 79.05% stake in the company. Shares short for AIOT as of 1752537600 were 14244511 with a Short Ratio of 7.57, compared to 1749772800 on 12243190. Therefore, it implies a Short% of Shares Outstanding of 14244511 and a Short% of Float of 11.3199994.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
