Following are the top fleet management stock which are gaining momentum recently. keep an eye on these stocks.
Sierra Wireless, Inc. (NASDAQ:SWIR) stock continues to gain momentum moved up another 9% this morning. Over the past month, the stock has surged 20%. Earlier this week, the company announced the launch of its new HL78 Series modules – the HL7810 and HL7812, for battery powered and low power deployments that require deep area coverage such as smart energy solutions, smart city applications, asset tracking, commercial buildings, manufacturing, healthcare, and agriculture.
FreightCar America, Inc. (NASDAQ:RAIL) is another fleet management company which is showing solid rally on Wednesday. The stock is now up by 8.82% to $6.29. So far, more than 638K shares have traded hands, compared to its average volume of 3.18 million shares. The stock has been showing solid buying activities over the past week with a gain of 17%. Over the past 52-week, the stock has been moving within a range of $1.21 – 8.63.
Inseego Corp. (NASDAQ:INSG) stock has been gaining momentum over the past month with a jump of 31%. On Thursday, INSG stock went up 1.63% to $10.58 as of 10:49 AM EST. The stock opened at $10.49 and moved within a range of $7.13 – 21.93. Last week, the company announced the appointment of Stephanie Bowers to the Inseego Corp. Board of Directors, effective immediately. Ms. Bowers will also serve as a member of the Nominating and Corporate Governance Committee of the Board.
Majic Wheels Corp. (OTCMKTS:MJWL) is another fleet management company which could be in action. The stock has witnessed a tremendous rise over the past month with a jump of 87% and trading above all the key moving averages. The stock is trading just 18% away from its 52-week high.
Recently, the company signed a binding letter of intent to acquire a $150M revenue producing cryptocurrency exchange and custody services platform: CGCX Ltd.
