From MarketBeat:

Iteris stock down 2.2% on Thursday, trading at $4.81 with a volume of 199,472 shares. The firm has a 50-day moving average of $4.53 and a 200-day moving average of $4.34. Iteris reported an EPS of $0.01 and revenue of $43.56 million, lower than the estimate of $41.13 million. Analysts expect an EPS of 0.14 for the fiscal year.

Institutional investors, including BlackRock and Millennium Management, acquired shares in Iteris. BlackRock holds 2,356,101 shares, while Millennium has a stake worth $1,600,000. Institutional investors own 64.84% of the stock.

Iteris is a technology company that provides intelligent transportation systems technology solutions worldwide, including smart mobility infrastructure solutions and consulting services. The company is focused on bringing innovation to the transportation sector.

While Iteris currently has a “Buy” rating, top-rated analysts believe there are other stocks that are better buys.



Read more: Iteris (NASDAQ:ITI) Stock Rating Upgraded by StockNews.com