Company’s 36-month beta value is 1.79.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AIOT is 124.91M, and currently, short sellers hold a 7.25% ratio of that floaft. The average trading volume of AIOT on January 15, 2025 was 1.72M shares.
AIOT) stock’s latest price update
PowerFleet Inc (NASDAQ: AIOT) has seen a decline in its stock price by -1.24 in relation to its previous close of 5.63. However, the company has experienced a -11.32% decline in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-10 that WOODCLIFF LAKE, N.J., Jan. 10, 2025 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) today announced that management is scheduled to present at the 27th Annual Needham Growth Conference on Tuesday, January 14 th at 4:30pmET and meet with investors to discuss how Powerfleet is enacting meaningful business change through effective data insights for its customers and underpinning their digital transformations.
AIOT’s Market Performance
PowerFleet Inc (AIOT) has seen a -11.32% fall in stock performance for the week, with a -18.95% decline in the past month and a 3.35% surge in the past quarter. The volatility ratio for the week is 6.63%, and the volatility levels for the past 30 days are at 6.67% for AIOT. The simple moving average for the past 20 days is -13.55% for AIOT’s stock, with a 6.87% simple moving average for the past 200 days.
AIOT Trading at -12.36% 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 -24.66% of loss for the given period.
Volatility was left at 6.67%, however, over the last 30 days, the volatility rate increased by 6.63%, as shares sank -18.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.10% upper at present.
During the last 5 trading sessions, AIOT fell by -11.32%, which changed the moving average for the period of 200-days by +12.55% in comparison to the 20-day moving average, which settled at $6.43. In addition, PowerFleet Inc saw -16.52% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AIOT starting from Lewis Catherine J, who proposed sale 270,000 shares at the price of $6.82 back on Dec 05 ’24. After this action, Lewis Catherine J now owns shares of PowerFleet Inc, valued at $1,842,559 using the latest closing price.
Lewis Catherine J, the Chief Customer Officer of PowerFleet Inc, sale 187,990 shares at $6.73 during a trade that took place back on Dec 06 ’24, which means that Lewis Catherine J is holding 52,972 shares at $1,265,173 based on the most recent closing price.
Stock Fundamentals for AIOT
Current profitability levels for the company are sitting at:
- -0.19 for the present operating margin
- 0.51 for the gross margin
The net margin for PowerFleet Inc stands at -0.28. The total capital return value is set at -0.06. Equity return is now at value -10.54, with -6.50 for asset returns.
Based on PowerFleet Inc (AIOT), the company’s capital structure generated 0.28 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 0.39. The interest coverage ratio of the stock is 23.13.
Currently, EBITDA for the company is 6.0 million with net debt to EBITDA at -4.36. When we switch over and look at the enterprise to sales, we see a ratio of 3.43. The receivables turnover for the company is 2.96for 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 1.71.
Conclusion
In a nutshell, PowerFleet Inc (AIOT) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
