Ituran Location And Control Ltd [ITRN] stock prices are up 0.37% to $29.80 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ITRN shares have gain 9.32% over the last week, with a monthly amount glided 11.24%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Ituran Location And Control Ltd [NASDAQ: ITRN] stock has seen the most recent analyst activity on July 21, 2020, when Jefferies downgraded its rating to a Hold but kept the price target unchanged to $16 for it. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $35 on July 20, 2018. Chardan Capital Markets downgraded its rating to a Neutral but $36 remained the price target by the analyst firm on November 17, 2017. Chardan Capital Markets reiterated a Buy rating for this stock on March 01, 2017, and upped its price target to $31. In a note dated August 17, 2016, Chardan Capital Markets reiterated an Buy rating on this stock and boosted its target price from $25 to $29.
The stock price of Ituran Location And Control Ltd [ITRN] has been fluctuating between $24.12 and $30.00 over the past year. Ituran Location And Control Ltd [NASDAQ: ITRN] shares were valued at $29.80 at the most recent close of the market.
Analyzing the ITRN fundamentals
The Ituran Location And Control Ltd [NASDAQ:ITRN] reported sales of 331.18M for trailing twelve months, representing a surge of 2.99%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.29 and Total Capital is 0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.47 points at the first support level, and at 29.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.98, and for the 2nd resistance point, it is at 30.17.
Ratios To Look Out For
It’s worth pointing out that Ituran Location And Control Ltd [NASDAQ:ITRN]’s Current Ratio is 2.20. On the other hand, the Quick Ratio is 1.92, and the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 3.28 and price to earnings (TTM) ratio is 11.45.
