The 36-month beta value for AIOT is at 1.68. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AIOT is 122.61M, and currently, shorts hold a 5.89% of that float. The average trading volume for AIOT on November 12, 2024 was 933.70K shares.
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AIOT) stock’s latest price update
The stock of PowerFleet Inc (NASDAQ: AIOT) has decreased by -7.10 when compared to last closing price of 5.49.Despite this, the company has seen a gain of 0.79% in its stock price over the last five trading days. zacks.com reported 2024-11-12 that Although the revenue and EPS for PowerFleet (AIOT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
AIOT’s Market Performance
AIOT’s stock has risen by 0.79% in the past week, with a monthly drop of -2.49% and a quarterly rise of 6.69%. The volatility ratio for the week is 4.31% while the volatility levels for the last 30 days are 4.88% for PowerFleet Inc The simple moving average for the last 20 days is -2.86% for AIOT’s stock, with a simple moving average of 12.07% for the last 200 days.
AIOT Trading at 0.94% 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 -12.22% of loss for the given period.
Volatility was left at 4.88%, however, over the last 30 days, the volatility rate increased by 4.31%, as shares sank -2.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.47% upper at present.
During the last 5 trading sessions, AIOT rose by +0.89%, which changed the moving average for the period of 200-days by +71.89% in comparison to the 20-day moving average, which settled at $5.25. In addition, PowerFleet Inc saw 49.12% 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 4.45. 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
In conclusion, PowerFleet Inc (AIOT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
