Iteris (ITI) Scheduled to Post Earnings on Tuesday
Iteris (NYSE:ITI) will be posting its quarterly earnings results on Tuesday, January 28th. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Iteris (NYSE:ITI) opened at 2.42 on Monday. Iteris has a 52 week low of $1.55 and a 52 week high of $2.50. The stock has a 50-day moving average of $2.13 and a 200-day moving average of $1.95. The company has a market cap of $79.2 million and a price-to-earnings ratio of 35.51.
On a related note, analysts at Sidoti initiated coverage on shares of Iteris in a research note to investors on Thursday, January 16th. They set a “buy” rating on the stock.
In other Iteris news, major shareholder Lloyd I. Miller III unloaded 120,000 shares of Iteris stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $2.38, for a total transaction of $285,600.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Iteris, Inc (NYSE:ITI) operates in the traffic management market focusing on the development and application of advanced technologies that reduce traffic congestion, minimize the environmental impact of traffic congestion and improve the safety of surface transportation systems infrastructure.
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