The 36-month beta value for PWFL is also noteworthy at 1.78. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PWFL is 79.61M, and at present, short sellers hold a 1.04% of that float. The average trading volume of PWFL on April 26, 2024 was 677.81K shares.
PWFL) stock’s latest price update
PowerFleet Inc (NASDAQ: PWFL)’s stock price has plunge by 2.61relation to previous closing price of 4.22. Nevertheless, the company has seen a 6.65% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-09 that Finding possibilities in investing frequently depends on finding companies attached to rapid expansion and value generation. Examine these three prospects, each selling at less than $10 per share and expected to see significant returns by 2027.
PWFL’s Market Performance
PowerFleet Inc (PWFL) has seen a 6.65% rise in stock performance for the week, with a -9.60% decline in the past month and a 41.50% surge in the past quarter. The volatility ratio for the week is 6.35%, and the volatility levels for the past 30 days are at 8.51% for PWFL. The simple moving average for the last 20 days is -2.41% for PWFL stock, with a simple moving average of 53.88% for the last 200 days.
Analysts’ Opinion of PWFL
Raymond James, on the other hand, stated in their research note that they expect to see PWFL reach a price target of $7. The rating they have provided for PWFL stocks is “Outperform” according to the report published on April 02nd, 2024.
Northland Capital gave a rating of “Outperform” to PWFL, setting the target price at $7 in the report published on March 18th of the current year.
PWFL Trading at 12.47% from the 50-Day Moving Average
After a stumble in the market that brought PWFL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.63% of loss for the given period.
Volatility was left at 8.51%, however, over the last 30 days, the volatility rate increased by 6.35%, as shares sank -12.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.78% upper at present.
During the last 5 trading sessions, PWFL rose by +6.65%, which changed the moving average for the period of 200-days by +49.05% in comparison to the 20-day moving average, which settled at $4.41. In addition, PowerFleet Inc saw 26.61% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PWFL
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.5 for the gross margin
The net margin for PowerFleet Inc stands at -0.05. The total capital return value is set at -0.05. Equity return is now at value -3.71, with -2.37 for asset returns.
Based on PowerFleet Inc (PWFL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -11.89.
Currently, EBITDA for the company is 2.45 million with net debt to EBITDA at -4.8. When we switch over and look at the enterprise to sales, we see a ratio of 3.56. The receivables turnover for the company is 4.15for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
In summary, PowerFleet Inc (PWFL) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
