Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of PowerFleet Inc (NASDAQ: AIOT) closed at $6.20 in the last session, up 5.98% from day before closing price of $5.85. In other words, the price has increased by $5.98 from its previous closing price. On the day, 0.91 million shares were traded. AIOT stock price reached its highest trading level at $6.22 during the session, while it also had its lowest trading level at $5.94.
Ratios:
We take a closer look at AIOT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.53.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 821555776 and an Enterprise Value of 1069117120. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 1.79. Its current Enterprise Value per Revenue stands at 3.649 whereas that against EBITDA is 78.238.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.53, which has changed by 0.29436326 over the last 52 weeks, in comparison to a change of 0.10838497 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 $3.85. The 50-Day Moving Average of the stock is -4.36%, while the 200-Day Moving Average is calculated to be 10.75%.
Shares Statistics:
According to the various share statistics, AIOT traded on average about 2.18M shares per day over the past 3-months and 1334730 shares per day over the past 10 days. A total of 132.49M shares are outstanding, with a floating share count of 125.18M. Insiders hold about 5.53% of the company’s shares, while institutions hold 72.87% stake in the company. Shares short for AIOT as of 1740700800 were 7526199 with a Short Ratio of 3.44, compared to 1738281600 on 8732196. Therefore, it implies a Short% of Shares Outstanding of 7526199 and a Short% of Float of 6.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0