Market Recap Check: PowerFleet Inc (AIOT)’s Negative Finish at 7.15, Up/Down -2.85

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The price of PowerFleet Inc (NASDAQ: AIOT) closed at $7.15 in the last session, down -2.85% from day before closing price of $7.36. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 1.81 million shares were traded. AIOT stock price reached its highest trading level at $7.34 during the session, while it also had its lowest trading level at $7.03.

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.

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 944793856 and an Enterprise Value of 1102647296. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.27 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 4.988 whereas that against EBITDA is 369.025.

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 $2.22. The 50-Day Moving Average of the stock is 31.39%, while the 200-Day Moving Average is calculated to be 51.43%.

Shares Statistics:

According to the various share statistics, AIOT traded on average about 1.19M shares per day over the past 3-months and 2498480 shares per day over the past 10 days. A total of 132.14M shares are outstanding, with a floating share count of 124.57M. Insiders hold about 5.73% of the company’s shares, while institutions hold 58.56% stake in the company. Shares short for AIOT as of 1730332800 were 7222186 with a Short Ratio of 6.09, compared to 1727654400 on 7590821. Therefore, it implies a Short% of Shares Outstanding of 7222186 and a Short% of Float of 5.81.

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