Iteris (ITI) Given Somewhat Favorable News Coverage, AlphaOne Reports

Iteris (ITI) Given Somewhat Favorable News Coverage, AlphaOne Reports

Media headlines about Iteris (NYSE:ITI) have been trending somewhat positive recently, according to Alpha One Sentiment Analysis. The research group, a service of Accern, identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Iteris earned a coverage optimism score of 0.05 on Alpha One’s scale. Alpha One also gave news coverage about the company an impact score of 90 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the next few days.

Iteris (ITI) traded up 5.99% on Thursday, reaching $6.02. 198,711 shares of the company’s stock were exchanged. Iteris has a one year low of $2.20 and a one year high of $6.50. The firm has a 50 day moving average price of $5.52 and a 200 day moving average price of $4.72. The firm’s market cap is $194.08 million.

In other Iteris news, major shareholder Lloyd I. Miller III sold 28,226 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $6.50, for a total value of $183,469.00. Following the completion of the sale, the insider now directly owns 42,743 shares of the company’s stock, valued at approximately $277,829.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “ITI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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