Stock To Watch: MiX Telematics Limited (NYSE:MIXT)


The leading market experts have placed a mean price target of $7.38 on MiX Telematics Limited (NYSE:MIXT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.03 a share for the upcoming quarter and $0.12 for the current fiscal. Technical View The technical analysis of MiX Telematics Limited American plainly substantiates that the 50-day moving average of MiX Telematics Limited American is $4.69, and stock is hovering -0.09 or -2.01% distant from $4.69. It is noted that the 200-day MA is $4.14, and MiX Telematics Limited American stock is $0.46 or +11.10% off from this point. MiX Telematics Limited (NYSE:MIXT) 52-week high is $7.93 and the 52-week low is $3.33. This explains if the stock moves $-3.33, it will post a 52-week high. In event of $+38.14% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of MiX Telematics Limited American, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, MiX Telematics Limited (NYSE:MIXT) ratio came in at 11.50. The stock last ended the trading session at $4.60 and registered a market cap of $139.68M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. MiX Telematics Limited (NYSE:MIXT) PEG ratio is at 1.59.

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