Somewhat Positive Media Coverage Somewhat Unlikely to Impact Iteris (ITI) Stock Price

News articles about Iteris (NASDAQ:ITI) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Iteris earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 47.5854194802007 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Iteris (NASDAQ:ITI) opened at 7.75 on Friday. Iteris has a 52 week low of $3.20 and a 52 week high of $8.17. The company’s market capitalization is $252.39 million. The firm has a 50 day moving average of $6.60 and a 200-day moving average of $6.05.

Separately, Dougherty & Co began coverage on shares of Iteris in a research note on Tuesday, July 18th. They issued a “buy” rating and a $8.00 target price for the company.

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Iteris Company Profile

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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