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MiX Telematics Limited (NYSE:MIXT) has analysts on the Bullish side this week.

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MiX Telematics Limited (NYSE:MIXT) Ratings Coverage

Among 2 analysts covering MiX Telematics (NYSE:MIXT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. MiX Telematics had 2 analyst reports since June 14, 2018 according to SRatingsIntel. The firm earned “Strong Buy” rating on Monday, August 20 by Raymond James. Canaccord Genuity maintained it with “Buy” rating and $25 target in Thursday, June 14 report. Below is a list of MiX Telematics Limited (NYSE:MIXT) latest ratings and price target changes.

20/08/2018 Broker: Raymond James Old Rating: Outperform New Rating: Strong Buy Upgrade
14/06/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $23 New Target: $25 Maintain

The stock increased 0.65% or $0.12 during the last trading session, reaching $18.5. About 170,169 shares traded or 28.77% up from the average. MiX Telematics Limited (NYSE:MIXT) has risen 65.45% since November 10, 2017 and is uptrending. It has outperformed by 49.83% the S&P500.

MiX Telematics Limited provides fleet and mobile asset management solutions through software-as-a-service delivery model worldwide. The company has market cap of $394.82 million. The firm 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 has a 35.24 P/E ratio. 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.

More recent MiX Telematics Limited (NYSE:MIXT) news were published by: Seekingalpha.com which released: “MiX Telematics Limited (MIXT) CEO Stefan Joselowitz on Q2 2019 Results – Earnings Call Transcript” on November 03, 2018. Also Nasdaq.com published the news titled: “Detailed Research: Economic Perspectives on DexCom, MiX Telematics, Resolute Forest Products, Equinix, Johnson …” on October 22, 2018. Globenewswire.com‘s news article titled: “MiX Telematics records ninth consecutive quarter of margin growth” with publication date: November 01, 2018 was also an interesting one.

MiX Telematics Limited (NYSE:MIXT) Ratings Chart

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