How to Buy Powerfleet Stock
Powerfleet Inc
PowerFleet, Inc. provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally.
Powerfleet stock last closed at $4.50, down 5.66% from the previous day, and has increased 10.84% in one year. It has overperformed other stocks in the Communication Equipment industry by 0.24 percentage points. Powerfleet stock is currently +21.62% from its 52-week low of $3.70, and -48.34% from its 52-week high of $8.71.
There are currently 132.51M AIOT shares outstanding. The market value of AIOT is $596.29M. In the last 24 hours, 1.01M AIOT shares were traded.
How to Buy Powerfleet Stock
Not sure how to invest in Powerfleet stock? Here's how.
- Figure out where to buy Powerfleet stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Powerfleet stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your payment method and add your information.
- Research Powerfleet stock: The Powerfleet ticker symbol is AIOT. Is Powerfleet stock a good investment? Should you buy shares of AIOT? How do AIOT's underlying business fundamentals look? Do top analysts think Powerfleet is a good buy? Why has AIOT's stock price moved recently? (Hint: Our stock research website can help you decide if AIOT is a good stock to buy).
- Make your AIOT purchase: Decide if you will purchase AIOT shares at the current market price or use a limit order to buy AIOT stock at a specific price.
- Track your investment in AIOT: Create a watchlist to get live updates on your new investment in Powerfleet stock.
Step 1: Figure out where to buy Powerfleet stock
You will need a brokerage account in order to access the NASDAQ market and buy AIOT shares.
Our favorite brokerage: eToro
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- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you are able to buy AIOT stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the best stock app for beginners, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Powerfleet stock
After you have selected the best place to buy Powerfleet stock, it's critical to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.
Powerfleet shares data
AIOT Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis in less time.
You can see all of the due diligence checks on AIOT's stock page.
Is AIOT stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AIOT's intrinsic value.
Using relative valuations measures:
- AIOT could be undervalued based on its P/B ratio of 1.3x, relative to Communication Equipment industry P/B ratio of 3.06x
You can access additional valuation research on AIOT's stock here.
Is AIOT a healthy company?
Positive Health Checks:
- Total AIOT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the AIOT balance sheet.
Negative Health Checks:
- AIOT profit margin has gone down from -12.9% to -19.9% in the past year.
- There are more long-term liabilities than short-term assets on the AIOT balance sheet.
- AIOT has a relatively high debt to equity ratio of 0.98.
- AIOT has cash burn of 42655000. It does not have sufficient cash and short-term investments to cover this.
- AIOT has $38.65M in cash and short term investments. This is not sufficient to cover its annual cash burn of $42.66M.
Do analysts think it's a good time to buy AIOT stock
Out of 3 Equities analysts who give recommendations on AIOT, the consensus analyst rating on AIOT is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Powerfleet stock forecast page.
Metrics for Advanced AIOT Traders
AIOT Performance Metrics
Last year, AIOT revenue was $292.62M. Over the last 5 year, AIOT's revenue has grown by 29% per year. This was faster than the Communication Equipment industry average of 4.4%.
Learn more about AIOT's earnings and revenue performance here.
Latest Insiders Trades at AIOT
In the past year, insiders at AIOT have sold more shares than they have bought.
Catherine J. Lewis, Chief Customer Officer of AIOT, was the latest AIOT insider to sell. They sold $1,265,172.70 worth of AIOT shares on Dec 6, 2024.
Get more info about who owns AIOT stock here.
Can I rely on AIOT as an income stream?
No, Powerfleet doesn't provide an income stream by paying out dividends.
AIOT Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your AIOT purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Track your investment in AIOT
Now that you own some shares in AIOT, you'll want to stay up-to-date on your new investment.
Add AIOT to a watchlist to see the latest developments about your AIOT stock.
AIOT Feed
How to Buy Stock in Powerfleet
To reiterate, here are the 6 steps for buying Powerfleet stock:
- Figure out where to buy Powerfleet stock
- Open your brokerage account
- Fund your investment account
- Research Powerfleet stock
- Make your AIOT purchase
- Track your investment in AIOT
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Powerfleet, create a watchlist on WallStreetZen today.
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