With 0.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.39 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $6.855 whereas the lowest price it dropped to was $6.55. The 52-week range on AIOT shows that it touched its highest point at $7.38 and its lowest point at $2.79 during that stretch. It currently has a 1-year price target of $10.17. Beta for the stock currently stands at 1.77.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AIOT was down-trending over the past week, with a drop of -1.73%, but this was down by -4.08% over a month. Three-month performance surged to 39.18% while six-month performance rose 54.65%. The stock gained 143.57% in the past year, while it has gained 99.42% so far this year. A look at the trailing 12-month EPS for AIOT yields -0.54 with Next year EPS estimates of 0.36. For the next quarter, that number is 0.04. This implies an EPS growth rate of -13.10% for this year and 1416.67% for next year.
Float and Shares Shorts:
At present, 132.19 million AIOT shares are outstanding with a float of 124.91 million shares on hand for trading. On 2024-11-29, short shares totaled 7.57 million, which was 573.0 higher than short shares on 1730332800. In addition to Mr. Steve Towe as the firm’s CEO & Director, Mr. David Wilson serves as its CFO & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.59728 of AIOT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AIOT reported revenue of $77018000.0 and operating income of $573000.0. The EBITDA in the recently reported quarter was $2415000.0 and diluted EPS was -$0.02.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With AIOT analysts setting a high price target of 15.0 and a low target of 7.0, the average target price over the next 12 months is 10.16667. Based on these targets, AIOT could surge 119.62% to reach the target high and rise by 2.49% to reach the target low. Reaching the average price target will result in a growth of 48.85% from current levels.
Analysts have provided yearly estimates in a range of $0.03942857 being high and $0.012 being low. For AIOT, this leads to a yearly average estimate of $0.024. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.05.
