PowerFleet Inc (NASDAQ:AIOT) shares, rose in value on Wednesday, June 18, with the stock price up by 1.50% to the previous day’s close as strong demand from buyers drove the stock to $4.73.
Actively observing the price movement in the last trading, the stock closed the session at $4.66, falling within a range of $4.635 and $4.815. The value of beta (5-year monthly) was 1.35. Referring to stock’s 52-week performance, its high was $8.71, and the low was $3.70. On the whole, AIOT has fluctuated by -20.37% over the past month.
With the market capitalization of PowerFleet Inc currently standing at about $626.77 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-16.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 430.02M, with a low estimate of 102.2M and a high estimate of 104.05M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 103.18M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AIOT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AIOT currently trading nearly -1.39% and -5.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.99, while the 7-day volatility ratio is showing 8.42% which for the 30-day chart, stands at 5.45%. Furthermore, PowerFleet Inc (AIOT)’s beta value is 1.35, and its average true range (ATR) is 0.30.
A comparison of PowerFleet Inc (AIOT) with its peers suggests the former has fared considerably weaker in the market. AIOT showed an intraday change of 1.50% in last session, and over the past year, it grew by 4.42%%.
Data on historical trading for PowerFleet Inc (NASDAQ:AIOT) indicates that the trading volumes over the past 10 days have averaged 2.05 and over the past 3 months, they’ve averaged 1.85 million. According to company’s latest data on outstanding shares, there are 132.51 million shares outstanding.
Nearly 7.30% of PowerFleet Inc’s shares belong to company insiders and institutional investors own 79.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.11 million shares as on 2025-05-30, resulting in a short ratio of 6.09. According to the data, the short interest in PowerFleet Inc (AIOT) stood at 968.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 12.3 million. The stock has fallen by -28.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AIOT stock heading into the next quarter.
