Gaining Ground: PowerFleet Inc (AIOT) Closes Higher at 5.01, Up 0.60

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The price of PowerFleet Inc (NASDAQ: AIOT) closed at $5.01 in the last session, up 0.60% from day before closing price of $4.98. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.58 million shares were traded. AIOT stock price reached its highest trading level at $5.09 during the session, while it also had its lowest trading level at $4.93.

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 0.99 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.31.

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 660638656 and an Enterprise Value of 659136256. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.75 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.697 whereas that against EBITDA is -59.824.

Stock Price History:

Over the past 52 weeks, AIOT has reached a high of $5.67, while it has fallen to a 52-week low of $1.64. The 50-Day Moving Average of the stock is 5.07%, while the 200-Day Moving Average is calculated to be 17.90%.

Shares Statistics:

According to the various share statistics, AIOT traded on average about 881.92K shares per day over the past 3-months and 868740 shares per day over the past 10 days. A total of 131.86M shares are outstanding, with a floating share count of 122.62M. Insiders hold about 7.01% of the company’s shares, while institutions hold 50.28% stake in the company. Shares short for AIOT as of 1726185600 were 6412738 with a Short Ratio of 7.27, compared to 1723680000 on 5497362. Therefore, it implies a Short% of Shares Outstanding of 6412738 and a Short% of Float of 6.41.

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