The stock of PowerFleet Inc (AIOT) has gone up by 13.63% for the week, with a 2.85% rise in the past month and a 18.86% rise in the past quarter. The volatility ratio for the week is 4.84%, and the volatility levels for the past 30 days are 5.22% for AIOT. The simple moving average for the past 20 days is 3.32% for AIOT’s stock, with a 19.70% simple moving average for the past 200 days.
Is It Worth Investing in PowerFleet Inc (NASDAQ: AIOT) Right Now?
Moreover, the 36-month beta value for AIOT is 1.68. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AIOT is 122.61M and currently, short sellers hold a 6.31% of that float. On November 08, 2024, AIOT’s average trading volume was 929.33K shares.
AIOT) stock’s latest price update
The stock of PowerFleet Inc (NASDAQ: AIOT) has increased by 1.31 when compared to last closing price of 5.35. Despite this, the company has experienced a 13.63% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-08 that Get a deeper insight into the potential performance of PowerFleet (AIOT) for the quarter ended September 2024 by going beyond Wall Street’s top -and-bottom-line estimates and examining the estimates for some of its key metrics.
AIOT Trading at 7.63% from the 50-Day Moving Average
After a stumble in the market that brought AIOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.71% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 4.84%, as shares surge +1.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.89% upper at present.
During the last 5 trading sessions, AIOT rose by +14.47%, which changed the moving average for the period of 200-days by +78.43% in comparison to the 20-day moving average, which settled at $5.25. In addition, PowerFleet Inc saw 58.48% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AIOT
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.51 for the gross margin
The net margin for PowerFleet Inc stands at -0.21. The total capital return value is set at -0.03. Equity return is now at value -12.08, with -7.15 for asset returns.
Based on PowerFleet Inc (AIOT), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -3.87.
Currently, EBITDA for the company is 75000.0 with net debt to EBITDA at 201.63. When we switch over and look at the enterprise to sales, we see a ratio of 4.69. The receivables turnover for the company is 2.62for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
To wrap up, the performance of PowerFleet Inc (AIOT) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
