Iteris (ITI) Receiving Somewhat Positive Media Coverage, Analysis Finds
News articles about Iteris (NASDAQ:ITI) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Iteris earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.0876128428504 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- FY2018 EPS Estimates for Iteris Inc Raised by B. Riley (ITI) (americanbankingnews.com)
- Research Analysts Offer Predictions for Iteris Inc’s FY2021 Earnings (ITI) (americanbankingnews.com)
- Iteris (ITI) Given a $9.00 Price Target by B. Riley Analysts (americanbankingnews.com)
- Iteris Reports Strong Third Quarter Revenue of $26.0 Million (finance.yahoo.com)
- Iteris beats 3Q profit forecasts (finance.yahoo.com)
Iteris (NASDAQ:ITI) traded down $0.25 during midday trading on Monday, reaching $5.59. The company had a trading volume of 588,100 shares, compared to its average volume of 312,419. Iteris has a twelve month low of $4.60 and a twelve month high of $8.17. The company has a market cap of $183.28, a PE ratio of -43.00 and a beta of -0.45.
In related news, major shareholder Neil S. Subin sold 99,141 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $7.54, for a total transaction of $747,523.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas N. Blair sold 31,250 shares of the stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $6.88, for a total value of $215,000.00. Following the sale, the insider now directly owns 12,500 shares of the company’s stock, valued at $86,000. The disclosure for this sale can be found here. Over the last three months, insiders have sold 167,891 shares of company stock valued at $1,191,273. 4.30% of the stock is owned by company insiders.
COPYRIGHT VIOLATION WARNING: “Iteris (ITI) Receiving Somewhat Positive Media Coverage, Analysis Finds” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://theolympiareport.com/2018/02/12/iteris-iti-receiving-somewhat-positive-media-coverage-analysis-finds.html.
Iteris, Inc is a provider of information solutions for both the traffic management and global agribusiness markets. The Company operates through three segments: 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.
Receive News & Ratings for Iteris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iteris and related companies with MarketBeat.com's FREE daily email newsletter.