Ituran Location and Control Ltd. (NASDAQ:ITRN - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $43.83 and last traded at $41.90, with a volume of 1086725 shares traded. The stock had previously closed at $41.42.
Ituran Location and Control Stock Down 0.4 %
The stock has a market cap of $825.83 million, a P/E ratio of 15.91 and a beta of 1.15. The firm's 50 day simple moving average is $32.93 and its two-hundred day simple moving average is $29.52.
Ituran Location and Control (NASDAQ:ITRN - Get Free Report) last released its quarterly earnings data on Thursday, November 21st. The industrial products company reported $0.69 earnings per share for the quarter. Ituran Location and Control had a net margin of 15.65% and a return on equity of 28.31%.
Institutional Trading of Ituran Location and Control
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC bought a new position in Ituran Location and Control during the 3rd quarter worth $767,000. JPMorgan Chase & Co. grew its position in shares of Ituran Location and Control by 58.3% during the third quarter. JPMorgan Chase & Co. now owns 39,464 shares of the industrial products company's stock worth $1,047,000 after acquiring an additional 14,527 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Ituran Location and Control in the 4th quarter worth about $835,000. Blue Trust Inc. increased its holdings in shares of Ituran Location and Control by 63.4% in the 3rd quarter. Blue Trust Inc. now owns 1,541 shares of the industrial products company's stock worth $38,000 after acquiring an additional 598 shares during the period. Finally, BNP Paribas Financial Markets lifted its position in Ituran Location and Control by 214.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,011 shares of the industrial products company's stock valued at $160,000 after purchasing an additional 4,098 shares during the last quarter. 94.80% of the stock is currently owned by institutional investors and hedge funds.
About Ituran Location and Control
(
Get Free Report)
Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.
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