On 3/4/20, Ituran Location and Control Ltd (NASDAQ: ITRN) stock suffered a major decline of -10.2%, closing at $20.01. Moreover, trading volume in this decline was exceptionally high at 212% of normal. Relative to the market the stock has been weak over the last nine months and has declined -15.2% during the last week.
Current PriceTarget Research Rating
ITRN is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
ITRN has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. ITRN has a neutral Appreciation Score of 58 but a very low Power Rating of 7, producing the Lowest Value Trend Rating.
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.