ITI has been the subject of a number of other research reports. Dougherty & Co restated a buy rating on shares of Iteris in a research note on Tuesday, April 30th. Zacks Investment Research cut shares of Iteris from a buy rating to a hold rating in a research note on Tuesday, January 22nd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $6.75.
Shares of ITI traded up $0.14 during midday trading on Tuesday, reaching $5.38. The stock had a trading volume of 93,081 shares, compared to its average volume of 110,139. Iteris has a one year low of $3.24 and a one year high of $5.64. The company has a market cap of $179.43 million, a PE ratio of -134.50 and a beta of 0.61.
Iteris, Inc provides intelligent transportation systems technology solutions worldwide. The company's Roadway Sensors segment provides vehicle detection sensors and systems for traffic intersection management, communication systems, and roadway traffic data collection applications. Its products include Vantage detection system to detect vehicle presence at intersections, as well as vehicle count, speed, and other traffic data; Vantage Vector video/radar hybrid product, an vehicle detection sensor; and VantageLive!, a cloud-based platform; and Vantage systems equipped with smartcycle capability to differentiate between bicycles and other vehicles with a single video detection camera.
Further Reading: Cost of Goods Sold (COGS)
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