CalAmp traded at $4.70 this Tuesday February 24th, increasing $0.18 or 3.98 percent since the previous trading session. Looking back, over the last four weeks, CalAmp gained 4.44 percent. Over the last 12 months, its price fell by 2.29 percent. Looking ahead, we forecast CalAmp to be priced at 3.93 by the end of this quarter and at 3.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
CalAmp Corp. is a connected intelligence company. The Company operates through two segments, Telematics Products and Software & Subscription Services. The Telematics Products segment offers a portfolio of wireless data communications products, which includes asset tracking units, mobile telematics devices, fixed and mobile wireless gateways and routers. The Software & Subscription Services segment offers cloud-based, application enablement and telematics service platforms that facilitate integration of its own applications, as well as those of third parties, through open Applications Programing Interfaces (APIs) to deliver full-featured Internet of things (IoT) solutions to a range of customers and markets. The Company partners with transportation and logistics, Government, industrial equipment, and automotive industries to track, monitor and recover vital assets with real-time visibility and insights.