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Shares of ITRI Up 30.2% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Itron Inc (NASDAQ:ITRI) on April 24th, 2019 at $51.51. In approximately 4 months, Itron Inc has returned 30.17% as of today's recent price of $67.05.

Over the past year, Itron Inc has traded in a range of $44.35 to $77.40 and is now at $67.05, 51% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.

Itron, Inc. provides solutions for collecting, communicating, and analyzing electric, gas, and water usage data. The Company sells its products to the utility industry. Itron designs, manufactures, markets, sells, installs, and services hardware, software, and integrated systems for handheld computer-based electronic meter reading and automatic meter reading systems.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Itron Inc shares.

Log in and add Itron Inc (ITRI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights itron inc

Ticker(s): ITRI