Itron Inc. (NASDAQ: ITRI) on Monday, plunged -3.99% from the previous trading day, before settling in for the closing price of $98.45. Within the past 52 weeks, ITRI’s price has moved between $56.11 and $113.07.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has dropped its sales by -1.00% annually for the last half of the decade. The company achieved an average annual earnings per share of 32.23%. With a float of $44.48 million, this company’s outstanding shares have now reached $45.51 million.
In an organization with 5859 employees, it is important to assess its efficiency.
Itron Inc. (ITRI) Insider Updates
Observing investor behavior towards Scientific & Technical Instruments industry stocks is more important than anything else. The insider ownership of Itron Inc. is 1.07%, while institutional ownership is 102.00%. The most recent insider transaction that took place on Aug 12 ’24, was worth 7,512. Before that another transaction happened on May 24 ’24, when Company’s President & CEO sold 873 for $108.87, making the entire transaction worth $95,044. This insider now owns 206,163 shares in total.
Itron Inc. (ITRI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 32.23% per share during the next fiscal year.
Itron Inc. (NASDAQ: ITRI) Trading Performance Indicators
Itron Inc. (ITRI) is currently performing well based on its current performance indicators. A quick ratio of 2.61 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 29.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.73 in one year’s time.
Technical Analysis of Itron Inc. (ITRI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.72 million. That was better than the volume of 0.53 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.28%. Additionally, its Average True Range was 3.98.
During the past 100 days, Itron Inc.’s (ITRI) raw stochastic average was set at 30.32%, which indicates a significant increase from 3.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.19% in the past 14 days, which was higher than the 34.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.26, while its 200-day Moving Average is $86.99. However, in the short run, Itron Inc.’s stock first resistance to watch stands at $97.10. Second resistance stands at $99.69. The third major resistance level sits at $101.29. If the price goes on to break the first support level at $92.91, it is likely to go to the next support level at $91.31. Assuming the price breaks the second support level, the third support level stands at $88.72.
Itron Inc. (NASDAQ: ITRI) Key Stats
Market capitalization of the company is 4.25 billion based on 45,869K outstanding shares. Right now, sales total 2,174 M and income totals 96,920 K. The company made 609,070 K in profit during its latest quarter, and 51,320 K in sales during its previous quarter.
