Active Stock’s Momentum: Iteris (NASDAQ: ITI)

On Thursday, Shares of Iteris (NASDAQ: ITI) gained 0.23% to $4.31. The stock grabbed the investor’s attention and traded 10,974 shares as compared to its average daily volume of 111.87K shares. The stock’s institutional ownership stands at 37.30%.

Iteris Inc. (ITI) stated a fiscal third-quarter loss of $2.50M, after reporting a profit in the same period a year earlier. The Santa Ana, California-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, were 4 cents per share.

The vehicle detection and traffic Control Company posted revenue of $23.10M in the period.

ITI has a market value of $142.42M while its EPS was booked as $-0.12 in the last 12 months. The stock has 33.12M shares outstanding. In the profitability analysis, the company has gross profit margin of 39.40% while net profit margin was -7.90%. Beta value of the company was 0.60; beta is used to measure riskiness of the security.



Edith Slocum

Edith Slocum

I am Edith Slocum and I have over 16 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. Address: 4510 Sigley Road, Salina, KS 67401, USA Phone: (+1) 785-534-9610 Email: edith.slocum@yourdigitalwall.com