Could Iteris, Inc. (ITI) Lose Strenght? The Stock Increases A Lot Today

April 16, 2018 - By Kurt Siggers

Iteris, Inc. (NASDAQ:ITI) Logo

The stock of Iteris, Inc. (NASDAQ:ITI) is a huge mover today! The stock increased 5.13% or $0.25 during the last trading session, reaching $5.12. About 167,964 shares traded. Iteris, Inc. (NASDAQ:ITI) has declined 2.72% since April 16, 2017 and is downtrending. It has underperformed by 14.27% the S&P500.
The move comes after 7 months positive chart setup for the $169.33 million company. It was reported on Apr, 16 by We have $5.53 PT which if reached, will make NASDAQ:ITI worth $13.55M more.

Analysts await Iteris, Inc. (NASDAQ:ITI) to report earnings on June, 14. They expect $-0.03 EPS, up 25.00 % or $0.01 from last year’s $-0.04 per share. After $-0.03 actual EPS reported by Iteris, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Iteris, Inc. provides intelligent information solutions to traffic management and global agribusiness markets worldwide. The company has market cap of $169.33 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.

Iteris, Inc. (NASDAQ:ITI) Ratings Chart

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