In last trading session, PowerFleet Inc (NASDAQ:AIOT) saw 2.96 million shares changing hands with its beta currently measuring 1.34. Company’s recent per share price level of $4.38 trading at $0.01 or 0.23% at ring of the bell on the day assigns it a market valuation of $580.39M. That closing price of AIOT’s stock is at a discount of -98.86% from its 52-week high price of $8.71 and is indicating a premium of 15.53% from its 52-week low price of $3.70. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.44 million shares which gives us an average trading volume of 1.93 million if we extend that period to 3-months.
PowerFleet Inc (NASDAQ:AIOT) trade information
Upright in the green during last session for gaining 0.23%, in the last five days AIOT remained trading in the red while hitting it’s week-highest on Friday, 06/20/25 when the stock touched $4.38 price level, adding 9.69% to its value on the day. PowerFleet Inc’s shares saw a change of 3.30% in year-to-date performance and have moved -7.40% in past 5-day. PowerFleet Inc (NASDAQ:AIOT) showed a performance of -9.88% in past 30-days. Number of shares sold short was 12.24 million shares which calculate 5.85 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 45.25% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -82.65% in reaching the projected high whereas dropping to the targeted low would mean a loss of -82.65% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.47% during past 5 years.
PowerFleet Inc (NASDAQ:AIOT)’s Major holders
Insiders are in possession of 6.10% of company’s total shares while institution are holding 80.74 percent of that, with stock having share float percentage of 85.98%. Investors also watch the number of corporate investors in a company very closely, which is 80.74% institutions for PowerFleet Inc that are currently holding shares of the company.
