Noteworthy Price Action: What Will Happen to Iteris Inc Next? The Stock Just Declined A Lot

Noteworthy Price Action: What Will Happen to Iteris Inc Next? The Stock Just Declined A Lot

The stock of Iteris Inc (NASDAQ:ITI) is a huge mover today! About 197,954 shares traded hands or 162.93% up from the average. Iteris Inc (NASDAQ:ITI) has risen 41.22% since March 7, 2016 and is uptrending. It has outperformed by 33.63% the S&P500.
The move comes after 9 months negative chart setup for the $118.65M company. It was reported on Oct, 10 by Barchart.com. We have $3.31 PT which if reached, will make NASDAQ:ITI worth $11.87 million less.

Analysts await Iteris Inc (NASDAQ:ITI) to report earnings on November, 8. They expect $-0.02 earnings per share, down 100.00% or $0.01 from last year’s $-0.01 per share.

According to Zacks Investment Research, “Iteris, Inc. is a leading provider of outdoor vision systems and sensors that optimize the flow of traffic and enhance driver safety. Iteris combines outdoor image processing, traffic engineering, and information technology to offer a broad range of transportation and safety solutions.”

More notable recent Iteris Inc (NASDAQ:ITI) news were published by: Prnewswire.com which released: “Ryan & Maniskas, LLP Announces Investigation of Iteris, Inc.” on September 23, 2016, also Prnewswire.com with their article: “Hynes Keller & Hernandez, LLC Announces Investigation of Iteris, Inc.” published on September 20, 2016, Prnewswire.com published: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Iteris, Inc …” on September 13, 2016. More interesting news about Iteris Inc (NASDAQ:ITI) were released by: Latimes.com and their article: “Iteris greenlights ways to better account for its revenue” published on May 04, 2015 as well as Businesswire.com‘s news article titled: “Iteris Expands International ClearAg Precision Content Services” with publication date: September 02, 2015.

ITI Company Profile

Iteris, Inc. (Iteris), incorporated on July 13, 1987, is a well-known provider of information solutions for both the traffic management and global agribusiness markets. The Firm is focused on the development and application of technologies and software information systems. The Firm operates through three divisions: Roadway Sensors, Transportation Systems and Performance Analytics. The Roadway Sensors segment provides various vehicle detection and information systems and products for traffic intersection control, incident detection and roadway traffic data collection applications. The Transportation Systems segment includes transportation engineering and consulting services, and the development of transportation management and traveler information systems for the Intelligent Transportation Systems (ITS) industry. The Performance Analytics segment includes iPeMS, its specialized transportation performance measurement and traffic analytics solutions, as well as ClearPath Weather, its road-maintenance applications, and ClearAg, its precision agriculture solutions. It offers a range of ITS solutions to clients throughout the United States and internationally.

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