PowerFleet Inc (NASDAQ: PWFL) stock closed at $2.53 on 12/14/23 after a major increase of 12.4%. This advance was accompanied by normal trading volume. The stock has risen 9.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, PWFL is expected to be Value Creation neutral.
PowerFleet has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. PowerFleet has a poor Appreciation Score of 29 and a poor Power Rating of 20, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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