In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of PowerFleet Inc (NASDAQ: AIOT) closed at $6.59 in the last session, up 0.92% from day before closing price of $6.53. In other words, the price has increased by $0.92 from its previous closing price. On the day, 1.64 million shares were traded. AIOT stock price reached its highest trading level at $6.73 during the session, while it also had its lowest trading level at $6.37.
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 1.51 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:
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 871145280 and an Enterprise Value of 993017152. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03 while its Price-to-Book (P/B) ratio in mrq is 1.58. Its current Enterprise Value per Revenue stands at 4.492 whereas that against EBITDA is 332.335.
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 $2.52. The 50-Day Moving Average of the stock is 8.40%, while the 200-Day Moving Average is calculated to be 30.31%.
Shares Statistics:
According to the various share statistics, AIOT traded on average about 1.38M shares per day over the past 3-months and 1953580 shares per day over the past 10 days. 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 58.57% stake in the company. Shares short for AIOT as of 1732838400 were 7570225 with a Short Ratio of 5.47, compared to 1730332800 on 7222186. Therefore, it implies a Short% of Shares Outstanding of 7570225 and a Short% of Float of 6.0700003.
