The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of PowerFleet Inc (NASDAQ: AIOT) was $6.13 for the day, down -1.92% from the previous closing price of $6.25. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 1.24 million shares were traded. AIOT stock price reached its highest trading level at $6.395 during the session, while it also had its lowest trading level at $6.11.
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 1.51 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:
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 810336960 and an Enterprise Value of 940183360. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.66 while its Price-to-Book (P/B) ratio in mrq is 1.47. Its current Enterprise Value per Revenue stands at 4.253 whereas that against EBITDA is 314.653.
Stock Price History:
The Beta on a monthly basis for AIOT is 1.77, which has changed by 0.915625 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, AIOT has reached a high of $7.38, while it has fallen to a 52-week low of $2.85. The 50-Day Moving Average of the stock is -6.17%, while the 200-Day Moving Average is calculated to be 16.31%.
Shares Statistics:
AIOT traded an average of 1.85M shares per day over the past three months and 1531040 shares per day over the past ten 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 60.88% stake in the company. Shares short for AIOT as of 1736899200 were 8575394 with a Short Ratio of 4.63, compared to 1734048000 on 7905632. Therefore, it implies a Short% of Shares Outstanding of 8575394 and a Short% of Float of 6.88.
