Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, PowerFleet Inc (NASDAQ: AIOT) closed at $4.27 down -11.04% from its previous closing price of $4.80. In other words, the price has decreased by -$11.04 from its previous closing price. On the day, 7.72 million shares were traded. AIOT stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $3.7.
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 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 565813440 and an Enterprise Value of 813478336. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 2.777 whereas that against EBITDA is 59.53.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.41, which has changed by -0.036117375 over the last 52 weeks, in comparison to a change of -0.024663687 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 $3.85. The 50-Day Moving Average of the stock is -33.16%, while the 200-Day Moving Average is calculated to be -24.26%.
Shares Statistics:
For the past three months, AIOT has traded an average of 2.05M shares per day and 2251180 over the past ten days. A total of 132.49M shares are outstanding, with a floating share count of 122.84M. Insiders hold about 7.30% of the company’s shares, while institutions hold 72.87% stake in the company. Shares short for AIOT as of 1741910400 were 9663713 with a Short Ratio of 4.71, compared to 1739491200 on 8227936. Therefore, it implies a Short% of Shares Outstanding of 9663713 and a Short% of Float of 7.7299999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
