The stock of Itron, Inc. (ITRI, Financial) experienced a significant drop of 5% in its price. It is currently trading at $100.60 per share with a trading volume of 449,865 shares and a turnover rate of 1.00%. The stock's price amplitude is recorded at 4.92%.
Recent financial reports indicate that Itron achieved a revenue of $615 million, a net profit of $77.96 million, and earnings per share of $1.73. The company's gross profit stands at $205 million, with a price-to-earnings ratio of 20.67.
In terms of institutional ratings, out of 16 participating agencies, 81% recommend buying the stock, while 19% suggest holding. No agencies have advised selling Itron shares.
Within the technology instruments industry, where Itron operates, the overall decline was 0.73%. Notable gainers in the sector include Saverone 2014 Ltd, ESCO Technologies, and Blacksky Technology Inc. Active stocks with high turnover rates include Sobr Safe, Inc., Blacksky Technology Inc., and Energous Corporation, with turnover rates of 38.93%, 2.93%, and 2.90% respectively. Stocks with significant price amplitude include Saverone 2014 Ltd C/Wts 02/06/2027 (To Pur Ads), Astrotech Corporation, and Energous Corporation, with amplitudes of 30.98%, 9.29%, and 9.10% respectively.
Itron, Inc. provides solutions for measuring, managing, and analyzing energy and water resources. The company operates under the "Itron" brand and is divided into three segments: Device Solutions, Network Solutions, and Outcomes. These segments focus on hardware products, communication infrastructure, and value-added software and services, respectively.
