StockNews.com began coverage on shares of MiX Telematics (NYSE:MIXT - Free Report) in a research report released on Thursday morning. The firm issued a buy rating on the technology company's stock.
MiX Telematics Price Performance
Shares of MiX Telematics stock remained flat at $14.55 during trading on Thursday. The stock has a market cap of $353.75 million, a price-to-earnings ratio of 58.20 and a beta of 1.15. The company's 50-day moving average is $14.55 and its 200-day moving average is $14.55. MiX Telematics has a 52-week low of $4.75 and a 52-week high of $14.85.
MiX Telematics Company Profile
(
Get Free Report)
MiX Telematics Limited, together with its subsidiaries, provides fleet and mobile asset management solutions through software-as-a-service (SaaS) delivery model. It offers MiX Fleet Manager, a commercial fleet management solution comprising MyMiX, an innovative driver engagement platform; MiX Vision, an on-road and in-vehicle video recording solution; MiX Rovi, an in-vehicle display and communications system; MiX RIBAS and DriveMate, an in-cab driving aid solution; MiX Hours of Service, which allows real-time monitoring and compliance; MiX Journey Management, an easy-to-use electronic alternative to paper-based systems; and MiX OEM Connect allows customer instant, direct integration to relevant, and powerful telematics data.
Recommended Stories
Before you consider MiX Telematics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MiX Telematics wasn't on the list.
While MiX Telematics currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
