MiX Telematics Limited American Depositary Shares each representing 25 (NYSE:MIXT)

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  • spmeyers: $MIXT has clearly broken long down trend; one to watch for a pullback later
  • spmeyers: $MIXT thinly traded but great 1-year chart; breaking higher
  • DAN: $PCTY -- Stock has been in a cup formation since June. Handle formed over the past 2 weeks...and today the stock is breaking out on good volume. Relatively thinly traded (average volume/day is less than 300k). Fundamentals look very solid, and it's in a strong business sector. $MIXT is also working...but it's just too illiquid, and I know nothing about that company.
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Stock Price $14.55
Change 0.00%
Volume 534,158

MiX Telematics Ltd offers fleet and mobile asset management solutions delivered as Software-as-a-Service to customers across the globe. The company solutions include MiX Fleet Manager Premium; MiX Fleet Manager Essential; MiX Asset Manager and Value Added Services. It serves Fast Moving Consumer Goods, Utilities, Security, Construction, Transport and Distribution, Emergency Services, Government, Rental and Leasing, Mining, Oil and Gas and Public Transport industries. Geographically, it derives a majority of revenue from Africa and also has a presence in the Americas, Middle East and Australasia, Europe, Brazil and Central Services Organization (CSO). The company derives maximum revenues from subscriptions to its fleet and mobile asset management solutions.

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