PowerFleet Inc (NASDAQ: PWFL) stock closed at $3.56 on 3/13/24 after a major increase of 12.7%. Moreover, trading volume in this advance was exceptionally high at 805% of normal. The stock has risen 13.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. PowerFleet has a poor Appreciation Score of 22 but a very high Power Rating of 87, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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