Barrington Research reissued their outperform rating on shares of Powerfleet (NASDAQ:AIOT - Free Report) in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a $10.00 target price on the stock.
Powerfleet Price Performance
Powerfleet stock traded down $0.02 during mid-day trading on Thursday, reaching $4.87. The stock had a trading volume of 1,831,263 shares, compared to its average volume of 769,458. The stock has a market cap of $522.79 million, a price-to-earnings ratio of -15.32 and a beta of 1.69. Powerfleet has a one year low of $1.64 and a one year high of $5.67.
Powerfleet Company Profile
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PowerFleet, Inc provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications.
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