In the last trading session, 2.95 million shares of the PowerFleet Inc (NASDAQ:AIOT) were traded, and its beta was 1.35. Most recently the company’s share price was $4.66, and it changed around -$0.32 or -6.43% from the last close, which brings the market valuation of the company to $617.50M. AIOT currently trades at a discount to its 52-week high of $8.71, offering almost -86.91% off that amount. The share price’s 52-week low was $3.70, which indicates that the current value has risen by an impressive 20.6% since then. We note from PowerFleet Inc’s average daily trading volume that its 10-day average is 1.99 million shares, with the 3-month average coming to 1.82 million.
PowerFleet Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.14. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended AIOT as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
PowerFleet Inc (NASDAQ:AIOT) trade information
Instantly AIOT has showed a red trend with a performance of -6.43% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.07 on recent trading dayincreased the stock’s daily price by 8.09%. The company’s shares are currently down -30.03% year-to-date, but still down -4.51% over the last five days. On the other hand, PowerFleet Inc (NASDAQ:AIOT) is -21.94% down in the 30-day period. We can see from the shorts that 12.11 million shares have been sold at a short interest cover period of 6.09 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 41.75% from its current value. Analyst projections state that AIOT is forecast to be at a low of $8 and a high of $8.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.47%.
AIOT Dividends
PowerFleet Inc’s next quarterly earnings report is expected to be released on 2025-Jun-15.
PowerFleet Inc (NASDAQ:AIOT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.10% of PowerFleet Inc shares, and 80.73% of them are in the hands of institutional investors. The stock currently has a share float of 85.98%.
