StockNews.com cut shares of Iteris (NASDAQ:ITI – Get Rating) from a buy rating to a hold rating in a report released on Monday morning.
Several other research firms have also recently weighed in on ITI. B. Riley increased their price objective on Iteris from $3.50 to $4.50 and gave the stock a buy rating in a research report on Friday, February 3rd. EF Hutton Acquisition Co. I raised their price target on Iteris from $5.50 to $6.00 and gave the stock a buy rating in a research report on Monday, February 6th. Northland Securities raised their price target on Iteris from $6.00 to $7.00 in a research report on Thursday, April 27th. Finally, TheStreet upgraded Iteris from a d+ rating to a c- rating in a research report on Friday, February 3rd.
Iteris Price Performance
ITI stock opened at $4.32 on Monday. The stock has a market capitalization of $184.77 million, a price-to-earnings ratio of -10.80 and a beta of 0.89. The business’s fifty day moving average price is $4.51 and its two-hundred day moving average price is $3.93. Iteris has a fifty-two week low of $2.56 and a fifty-two week high of $4.96.
Institutional Inflows and Outflows
Iteris, Inc engages in the provision of smart mobility infrastructure management solutions. The firms solutions enable public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers to monitor, visualize, and optimize mobility infrastructure to help ensure roads are safe, travel is efficient, and communities thrive.
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