MiX Telematics Limited American shares had a trading volume of 82K by the end of trading on Wednesday. Volume was up 429.84% over the stocks average daily volume.
Here are some other firms who have updated their holdings. As of quarter end Royce & Associates Lp had acquired 55,344 shares growing its position 2,095.6%. The value of the investment in MiX Telematics Limited American increased from $17,000 to $457,000 a change of $440,000 for the reporting period. As of the end of the quarter Blair William & Co/il had sold a total of 39,804 shares trimming its holdings by 70.5%. The value of the investment in (MIXT) went from $403,000 to $131,000 decreasing 67.5% quarter over quarter.
As of the end of the quarter Rice Hall James & Associates, LLC had bought a total of 77,723 shares growing its stake by 23.2%. The value of the total investment in MiX Telematics Limited American increased from $2,113,000 to $3,255,000 a change of 54.0% since the last quarter. Sei Investments Co expanded its stake by buying 5,010 shares an increase of 108.7% in the quarter. Sei Investments Co claims 9,617 shares worth $76,000. The value of the position overall is up by 162.1%.
On May 27 the stock rating was upgraded from “” to “Overweight” in a statement from First Analysis.
The company is now up by 0.58 percent from yesterday’s close. Additionally MiX Telematics Limited American recently declared a dividend for shareholders paid on Thursday the 29th of June 2017. The dividend payment was $0.078 per share for the quarter or $0.31 annualized. This dividend amount represented a yeild of $3.60. The ex-dividend date was set for Tuesday the 13th of June 2017.
The stock last traded at $8.64 a tad above $8.13, the stock’s 50 day moving average and just above the 200 day moving average of $7.07. The 50 day moving average was up $0.51 and the 200 day average was up $1.57.
The P/E ratio is currently 23.04 and the market cap is 194.72M.
MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model worldwide. Its solutions rely on its proprietary technology platform, which allows the company to collect, analyze, and deliver data from its customers’ vehicles. The company offers fleet solutions, including MiX Fleet Manager Premium that provides access to secure information about drivers and vehicles; and MiX Fleet Manager Essential for monitoring drivers and vehicles. It also provides consumer solutions, including Matrix that provides vehicle tracking, telematics, and personal safety services; and Beame, a wireless device, which offers mobile asset tracking and recovery services. In addition, the company provides driver communication, collision prevention and reduction, satellite communication, driver identification, trailer tracking, field services management, driver engagement, fuel security, outsourced control room, and driver management solutions, as well as voice kits and keypads, and in-vehicle camera. MiX Telematics Limited was founded in 1996 and is based in Midrand, South Africa..