Market Watch: PowerFleet Inc (AIOT)’s Noteworthy Gain, Closing at 4.77

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

As of close of business last night, PowerFleet Inc’s stock clocked out at $4.77, up 0.42% from its previous closing price of $4.75. In other words, the price has increased by $0.42 from its previous closing price. On the day, 1.08 million shares were traded. AIOT stock price reached its highest trading level at $4.825 during the session, while it also had its lowest trading level at $4.655.

Ratios:

To gain a deeper understanding of AIOT’s stock, we examine its different 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 632067904 and an Enterprise Value of 879705984. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 3.003 whereas that against EBITDA is 64.377.

Stock Price History:

The Beta on a monthly basis for AIOT is 1.41, which has changed by 0.17487681 over the last 52 weeks, in comparison to a change of 0.05430484 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 $3.70. The 50-Day Moving Average of the stock is -22.37%, while the 200-Day Moving Average is calculated to be -15.62%.

Shares Statistics:

It appears that AIOT traded 2.09M shares on average per day over the past three months and 2481730 shares per day 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 73.18% stake in the company. Shares short for AIOT as of 1743379200 were 11195604 with a Short Ratio of 5.35, compared to 1740700800 on 7526199. Therefore, it implies a Short% of Shares Outstanding of 11195604 and a Short% of Float of 8.959999999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Most Popular