Stock of PowerFleet Inc (AIOT) performance and profitability takes another direction

PowerFleet Inc [AIOT] stock prices are up 0.36% to $5.54 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The AIOT shares have gain 5.93% over the last week, with a monthly amount glided 11.69%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

The stock price of PowerFleet Inc [AIOT] has been fluctuating between $1.64 and $5.81 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. PowerFleet Inc [NASDAQ: AIOT] shares were valued at $5.54 at the most recent close of the market. An investor can expect a potential return of 44.4% based on the average AIOT price forecast.

Analyzing the AIOT fundamentals

The PowerFleet Inc [NASDAQ:AIOT] reported sales of 176.22M for trailing twelve months, representing a surge of 129.70%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.19 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.44 points at the first support level, and at 5.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.68, and for the 2nd resistance point, it is at 5.81.

Ratios To Look Out For

It’s worth pointing out that PowerFleet Inc [NASDAQ:AIOT]’s Current Ratio is 1.23. On the other hand, the Quick Ratio is 0.99, and the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 4.15, the price to book ratio is 1.53.

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