Media headlines about Iteris (NASDAQ:ITI) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Iteris earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.2673656405168 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Iteris (NASDAQ ITI) traded up 3.87% during midday trading on Tuesday, reaching $6.98. The company had a trading volume of 44,492 shares. Iteris has a one year low of $3.20 and a one year high of $8.17. The company’s market capitalization is $227.31 million. The company has a 50 day moving average of $6.90 and a 200 day moving average of $6.21.
Separately, Dougherty & Co started coverage on Iteris in a research report on Tuesday, July 18th. They set a “buy” rating and a $8.00 price objective on the stock.
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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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