Iteris (ITI) Earns News Sentiment Rating of 0.09
News stories about Iteris (NASDAQ:ITI) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing 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 media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 44.5150490159737 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Iteris (NASDAQ:ITI) traded up $0.11 during midday trading on Monday, hitting $6.87. 77,748 shares of the stock traded hands, compared to its average volume of 121,919.
Separately, Dougherty & Co started coverage on shares of Iteris in a research note on Tuesday, July 18th. They set a “buy” rating and a $8.00 target price 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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