Iteris (ITI) Given Daily Coverage Optimism Rating of 0.16

Press coverage about Iteris (NASDAQ:ITI) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Iteris earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 47.3176181638879 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

A number of research firms have commented on ITI. B. Riley reaffirmed a “buy” rating on shares of Iteris in a research report on Friday, June 9th. ValuEngine raised shares of Iteris from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Dougherty & Co reaffirmed a “buy” rating on shares of Iteris in a research report on Thursday, August 17th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Iteris currently has an average rating of “Buy” and an average price target of $5.88.

Iteris (NASDAQ ITI) opened at 6.28 on Wednesday. Iteris has a 52-week low of $3.20 and a 52-week high of $6.91. The firm’s 50-day moving average is $6.21 and its 200-day moving average is $5.77. The company’s market capitalization is $204.51 million.

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About Iteris

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.

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