Fleetmatics Group PLC (FLTX) provides software-as-a-service fleet management solutions for small and medium-sized businesses (SMBs) worldwide.
The company offers Web-based and mobile application solutions that provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage, and other insights into their mobile workforce.
It provides Fleetmatics REVEAL, a business-intelligence based fleet management solution for SMBs; Fleetmatics REVEAL+, which extends Fleetmatics REVEAL to enterprises and is configurable to customers requiring integration capabilities with third-party workflow solutions; and Fleetmatics WORK, a field service management solution.
The company also offers Routist, an intelligent routing solution for businesses looking to optimize the utilization of their fleet and mobile resources; and Connect2Field, a cloud-based software solution for service businesses and their mobile workers. It serves owners and managers in the service and distribution industries that operate fleets of commercial vehicles and manage a team of field technicians through direct sales organizations and Web.
Shares are heading higher in an upward "trading channel" and presently near the lower boundary of the said channel. Higher share prices are expected for this stock.
52-Weeks Trading Range: $27.75 - $52.45
Entry Point: $49.30
Stop Loss: $46.80
Target Price: $54.25
FLTX closed at $43.70