For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $6.30 in the prior trading day, PowerFleet Inc (NASDAQ: AIOT) closed at $6.65, up 5.56%. In other words, the price has increased by $5.56 from its previous closing price. On the day, 1.62 million shares were traded. AIOT stock price reached its highest trading level at $6.72 during the session, while it also had its lowest trading level at $6.2.
Ratios:
Our goal is to gain a better understanding of AIOT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 879076800 and an Enterprise Value of 1008867328. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.20 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 4.564 whereas that against EBITDA is 337.64.
Stock Price History:
Over the past 52 weeks, AIOT has reached a high of $7.38, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is 6.20%, while the 200-Day Moving Average is calculated to be 28.70%.
Shares Statistics:
The stock has traded on average 1.59M shares per day over the past 3-months and 2856030 shares per day over the last 10 days, according to various share statistics. A total of 132.19M shares are outstanding, with a floating share count of 124.91M. Insiders hold about 5.51% of the company’s shares, while institutions hold 58.58% stake in the company. Shares short for AIOT as of 1734048000 were 7905632 with a Short Ratio of 4.96, compared to 1731628800 on 7322845. Therefore, it implies a Short% of Shares Outstanding of 7905632 and a Short% of Float of 6.34.
