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In the latest session, PowerFleet Inc (NASDAQ: PWFL) closed at $3.99 down -1.72% from its previous closing price of $4.06. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 0.65 million shares were traded. PWFL stock price reached its highest trading level at $4.02 during the session, while it also had its lowest trading level at $3.845.
Ratios:
For a deeper understanding of PowerFleet Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.04.
On April 02, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $7.
On March 18, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $7.Northland Capital initiated its Outperform rating on March 18, 2024, with a $7 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PWFL now has a Market Capitalization of 430596800 and an Enterprise Value of 210391936. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 1.575 whereas that against EBITDA is -69.944.
Stock Price History:
Over the past 52 weeks, PWFL 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 5.58%, while the 200-Day Moving Average is calculated to be 43.11%.
Shares Statistics:
For the past three months, PWFL has traded an average of 656.03K shares per day and 693510 over the past ten days. A total of 107.92M shares are outstanding, with a floating share count of 79.61M. Insiders hold about 26.23% of the company’s shares, while institutions hold 26.15% stake in the company. Shares short for PWFL as of 1711584000 were 6964004 with a Short Ratio of 10.62, compared to 1709164800 on 4943581. Therefore, it implies a Short% of Shares Outstanding of 6964004 and a Short% of Float of 21.39.
Earnings Estimates
Currently, PowerFleet, Inc. analysts are dedicated to thoroughly evaluating and rating the performance of PowerFleet Inc (PWFL) in the stock market.The consensus estimate for the next quarter is $24.29, with high estimates of $8.15 and low estimates of $9.29.
