Mix Telematics traded at $14.55 this Monday March 25th, increasing $0.35 or 2.46 percent since the previous trading session. Looking back, over the last four weeks, Mix Telematics gained 56.79 percent. Over the last 12 months, its price rose by 79.85 percent. Looking ahead, we forecast Mix Telematics to be priced at 14.13 by the end of this quarter and at 12.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
MiX Telematics Limited is a South Africa-based provider of fleet and mobile asset management solutions delivered as Software-as-a-Service (SaaS) to customers. The Company's operating segments include Africa, Europe, Americas, Middle East and Australasia, Brazil and Central Services Organization. The Company's products and services provide enterprise fleets, small fleets and consumers with solutions for safety, risk management and security. The Company's solutions include MiX Fleet Manager, which consists of an on-board computer, an online tracking and information portal, as well as access to fleet and driver reports and analytics; MiX SafeDrive provides In-Vehicle Monitoring Systems (IVMS) that monitor driver performance, identify unsafe behaviors and provide audible alerts; Matrix is focused on personal safety and consumer telematics through vehicle tracking-and-recovery products and services, and Beam-e, which is a wireless device that fits into vehicles, motorbikes or caravan.