Powerfleet’s (AIOT) “Outperform” Rating Reaffirmed at Barrington Research

Barrington Research reissued their outperform rating on shares of Powerfleet (NASDAQ:AIOT) in a research note published on Monday, Benzinga reports. Barrington Research currently has a $10.00 price target on the stock.

Powerfleet Price Performance

NASDAQ AIOT opened at $4.73 on Monday. Powerfleet has a 12 month low of $1.64 and a 12 month high of $5.67. The company has a market capitalization of $507.77 million, a PE ratio of -15.26 and a beta of 1.69.

About Powerfleet

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.