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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 have formed a bullish "pennant" and higher share prices are expected for this stock.
52-Weeks Trading Range: $27.75 - $55.38
Entry Point: $54.50
Stop Loss: $51.75
Target Price: $59.95
FLTX closed at $60.30.
