Ituran Location And Control Ltd (NASDAQ: ITRN) is 14.22% higher on its value in year-to-date trading and has touched a low of $24.12 and a high of $35.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ITRN stock was last observed hovering at around $34.58 in the last trading session, with the day’s gains setting it 1.0%.
Currently trading at $35.58, the stock is 5.23% and 10.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 2.89% at the moment leaves the stock 26.29% off its SMA200. ITRN registered 40.63% gain for a year compared to 6-month gain of 35.29%. The firm has a 50-day simple moving average (SMA 50) of $32.1538 and a 200-day simple moving average (SMA200) of $28.1742.
The stock witnessed a 8.05% loss in the last 1 month and extending the period to 3 months gives it a 28.31%, and is 3.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.38% over the week and 2.06% over the month.
Ituran Location And Control Ltd (ITRN) has around 2841 employees, a market worth around $746.11M and $331.18M in sales. Current P/E ratio is 13.67 and Fwd P/E is 12.53. Profit margin for the company is 15.65%. Distance from 52-week low is 47.51% and 0.42% from its 52-week high. The company has generated returns on investments over the last 12 months (27.68%).
with sales reaching $81.81M over the same period.The EPS is expected to grow by 10.21% this year.
Ituran Location And Control Ltd (ITRN) Top Institutional Holders
The shares outstanding are 20.11M, and float is at 15.76M with Short Float at 0.38%.
The top institutional shareholder in the company is VULCAN VALUE PARTNERS, LLC with over 1.41 million shares valued at $35.18 million. The investor’s holdings represent 7.0923% of the ITRN Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 1.26 million shares valued at $$31.11 million to account for 6.3456 of the shares outstanding. The other top investors are IBEX INVESTORS LLC which holds 1.15 million shares representing 5.7776% and valued at over $28.32 million, while RENAISSANCE TECHNOLOGIES LLC holds 5.6409 of the shares totaling 1.12 million with a market value of $27.65 million.
Ituran Location And Control Ltd (ITRN) Insider Activity
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