Powerfleet (NASDAQ:AIOT) Shares Gap Up to $4.56

Powerfleet, Inc. (NASDAQ:AIOTGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $4.56, but opened at $4.70. Powerfleet shares last traded at $4.66, with a volume of 202,253 shares traded.

Analyst Ratings Changes

Separately, Barrington Research reiterated an “outperform” rating and issued a $10.00 target price on shares of Powerfleet in a report on Monday, August 5th.

View Our Latest Analysis on Powerfleet

Powerfleet Trading Up 5.0 %

The firm has a market cap of $514.21 million, a price-to-earnings ratio of -14.71 and a beta of 1.69.

About Powerfleet

(Get Free Report)

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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