PowerFleet Inc’s Market Journey: Closing Weak at 6.95, Down -1.35

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of PowerFleet Inc (NASDAQ: AIOT) was $6.95 for the day, down -1.35% from the previous closing price of $7.04. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.44 million shares were traded. AIOT stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.81.

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.

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 918073472 and an Enterprise Value of 1047832256. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.07 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 4.74 whereas that against EBITDA is 350.68.

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 24.83%, while the 200-Day Moving Average is calculated to be 45.26%.

Shares Statistics:

AIOT traded an average of 1.22M shares per day over the past three months and 1988170 shares per day over the past ten 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 1731628800 were 7322845 with a Short Ratio of 6.00, compared to 1728950400 on 7732831. Therefore, it implies a Short% of Shares Outstanding of 7322845 and a Short% of Float of 5.88.

Most Popular