What Next for Iteris, Inc. (ITI) Stock After Today’s Significant Decline?

February 13, 2018 - By Clifton Ray

The stock of Iteris, Inc. (NASDAQ:ITI) is a huge mover today! The stock decreased 3.39% or $0.19 during the last trading session, reaching $5.42. About 350,035 shares traded or 35.02% up from the average. Iteris, Inc. (NASDAQ:ITI) has risen 136.03% since February 13, 2017 and is uptrending. It has outperformed by 119.33% the S&P500.
The move comes after 7 months negative chart setup for the $179.26 million company. It was reported on Feb, 13 by Barchart.com. We have $5.09 PT which if reached, will make NASDAQ:ITI worth $10.76 million less.

More important recent Iteris, Inc. (NASDAQ:ITI) news were published by: Businesswire.com which released: “Iteris Unveils Enhanced SmartCycle Technology with Bike Indicator Device that …” on February 13, 2018, also Businesswire.com published article titled: “Iteris Unveils Comprehensive Signal Performance Measures Solution”, Businesswire.com published: “Iteris Reports Strong Third Quarter Revenue of $26.0 Million” on February 07, 2018. More interesting news about Iteris, Inc. (NASDAQ:ITI) was released by: Businesswire.com and their article: “Iteris ClearAg to Power AgSpace Contour Platform” with publication date: January 31, 2018.

Iteris, Inc. provides intelligent information solutions to traffic management and global agribusiness markets worldwide. The company has market cap of $179.26 million. It operates in three divisions: Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics. It currently has negative earnings. The Roadway Sensors segment provides vehicle detection and information systems and products for traffic intersection control, incident detection, and roadway traffic data collection applications.

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