Investor’s Delight: PowerFleet Inc (AIOT) Closes Strong at 5.97, Up 1.02

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

The closing price of PowerFleet Inc (NASDAQ: AIOT) was $5.97 for the day, up 1.02% from the previous closing price of $5.91. In other words, the price has increased by $1.02 from its previous closing price. On the day, 0.9 million shares were traded. AIOT stock price reached its highest trading level at $6.05 during the session, while it also had its lowest trading level at $5.87.

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 1.02 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:

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 791078720 and an Enterprise Value of 1038652416. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 1.73. Its current Enterprise Value per Revenue stands at 3.545 whereas that against EBITDA is 76.008.

Stock Price History:

The Beta on a monthly basis for AIOT is 1.53, which has changed by 0.46323526 over the last 52 weeks, in comparison to a change of 0.09589827 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 $3.58. The 50-Day Moving Average of the stock is -8.40%, while the 200-Day Moving Average is calculated to be 6.97%.

Shares Statistics:

AIOT traded an average of 2.31M shares per day over the past three months and 1863510 shares per day over the past ten 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 3.26, 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

Most Popular