Trading volume for MiX Telematics Limited American was 58K by the end of trading on Friday. Overall, volume was up 275.18% over the stocks normal daily volume.
Here are a few additional firms who have increased or decreased their stake in (MIXT). As of quarter end Ameriprise Financial Inc had bought a total of 4,727 shares growing its stake by 2.4%. The value of the total investment in MiX Telematics Limited American went from $1,221,000 to $1,564,000 increasing 28.1% quarter over quarter. As of the end of the quarter Jpmorgan Chase & Co had acquired 10,912 shares growing its holdings by 84.4%. The value of the investment in (MIXT) increased from $81,000 to $188,000 a change of 132.1% quarter to quarter.
As of quarter end Royce & Associates Lp had bought 55,344 shares growing its position 2,095.6%. The value of the company’s investment in MiX Telematics Limited American went from $17,000 to $457,000 a change of $440,000 since the last quarter. As of the end of the quarter Blair William & Co/il had disposed of 39,804 shares trimming its position 70.5%. The value of the investment in MIXT went from $403,000 to $131,000 decreasing 67.5% for the reporting period.
The company is now down since yesterday’s close of $8.62. The company recently declared a dividend paid on Thursday the 29th of June 2017. The dividend was $0.078 per share for the quarter which comes to $0.31 on an annualized basis. This dividend represents a yield of $3.62. The ex-dividend date was set for Tuesday the 13th of June 2017.
The stock is trading at $8.43 which is marginally higher than $8.19, the 50 day moving average and which is impressively higher than the 200 day moving average of $7.12. The 50 day moving average was up $0.24 and the 200 day average went up $1.31 or +18.42%.
MiX Telematics Limited American currently has a P/E ratio of 21.08 and the market value is 188.32M.
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..