Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ituran Location and Control Ltd. (US) before investing.

In this article, we go over a few key elements for understanding Ituran Location and Control Ltd. (US)’s stock price such as:

• Ituran Location and Control Ltd. (US)’s current stock price and volume
• Why Ituran Location and Control Ltd. (US)’s stock price changed recently
• Upgrades and downgrades for ITRN from analysts
• ITRN’s stock price momentum as measured by its relative strength

About Ituran Location and Control Ltd. (US) (ITRN)

Before we jump into Ituran Location and Control Ltd. (US)’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ituran Location and Control Ltd. is a provider of location-based services, consisting of stolen vehicle recovery (SVR), fleet management services and other tracking services. The Company also provides wireless communication products used in connection with its location-based services and various other applications. Its operations consist of two segments: location-based services and wireless communications products. Its location-based services segment consists of its SVR and tracking services, fleet management and value-added services consisted of personal locater services and concierge services. Its wireless communications products segment consists of short and medium range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location (AVL) and automatic vehicle identification. It primarily provides its services, as well as sells and leases its products in Israel, Brazil, Argentina and the United States.

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Ituran Location and Control Ltd. (US)’s Stock Price as of Market Close

As of February 14, 2024, 4:00 PM, CST, Ituran Location and Control Ltd. (US)’s stock price was $26.34.

Ituran Location and Control Ltd. (US) is up 4.11% from its previous closing price of $25.30.

During the last market session, Ituran Location and Control Ltd. (US)’s stock traded between $25.20 and $26.20. Currently, there are 19.91 million shares of Ituran Location and Control Ltd. (US) stock available for purchase.

Ituran Location and Control Ltd. (US)’s price-earnings (P/E) ratio is currently at 11.2, which is low compared to the Communications & Networking industry median of 22.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ituran Location and Control Ltd. (US) Stock Price History

Ituran Location and Control Ltd. (US)’s (ITRN) price is currently up 5.87% so far this month.

During the month of February, Ituran Location and Control Ltd. (US)’s stock price has reached a high of $26.58 and a low of $24.82.

Over the last year, Ituran Location and Control Ltd. (US) has hit prices as high as $31.01 and as low as $20.35. Year to date, Ituran Location and Control Ltd. (US)’s stock is up 24.66%.

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What Caused Ituran Location and Control Ltd. (US) Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 13, 2024, there was 1 analyst who downgraded Ituran Location and Control Ltd. (US)’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ituran Location and Control Ltd. (US)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ituran Location and Control Ltd. (US)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ituran Location and Control Ltd. (US)’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ituran Location and Control Ltd. (US) (ITRN) by visiting AAII Stock Evaluator.

Relative Price Strength of Ituran Location and Control Ltd. (US)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 13, 2024, Ituran Location and Control Ltd. (US) has a weighted four-quarter relative price strength of -1.49%, which translates to a Momentum Score of 66 and is considered to be Strong.

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Ituran Location and Control Ltd. (US) Stock Price: Bottom Line

As of February 14, 2024, Ituran Location and Control Ltd. (US)’s stock price is $26.34, which is up 4.11% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ituran Location and Control Ltd. (US) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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