PowerFleet Inc (NASDAQ:AIOT) has a beta value of 1.56 and has seen 1.04 million shares traded in the last trading session. The AIOT stock price is -58.65% off its 52-week high price of $8.71 and 29.87% above the 52-week low of $3.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.44 million shares traded. The 3-month trading volume is 2.07 million shares.
PowerFleet Inc (NASDAQ:AIOT) trade information
Over the past 30 days, the shares of PowerFleet Inc (NASDAQ:AIOT) have changed -14.08%. Short interest in the company has seen 9.66 million shares shorted with days to cover at 4.78.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 21.57% from current levels. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the current price level is -27.5% off the targeted high while a plunge would see the stock gain -27.5% from current levels.
PowerFleet Inc (AIOT) estimates and forecasts
The company’s shares have gained 5.78% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -30.10% over the past 5 years. Earnings growth for 2025 is a modest -1020.76% while over the next 5 years, the company’s earnings are expected to increase by 120.23%.
AIOT Dividends
PowerFleet Inc is expected to release its next earnings report on 2025-Feb-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
PowerFleet Inc (NASDAQ:AIOT)’s Major holders
Insiders own 5.91% of the company shares, while shares held by institutions stand at 74.31% with a share float percentage of 78.97%. Investors are also buoyed by the number of investors in a company, with PowerFleet Inc having a total of 209.0 institutions that hold shares in the company.
